# PPP loan: NEW WEST LENDING, INC
> **$570K** approved 04/27/2020 · Paid in Full · Loan `3868037208`
## Borrower
- **Name:** NEW WEST LENDING, INC
- **Address:** 7310 N 16TH ST STE 170, PHOENIX, AZ, 85020-8202
- **NAICS:** 522310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $570K
- **Initial approval:** $570K
- **Forgiven:** $576K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $570K
- **Jobs reported:** 45
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*