# PPP loan: NEW CONCEPTS, INC
> **$184K** approved 08/05/2020 · Paid in Full · Loan `3929968206`
## Borrower
- **Name:** NEW CONCEPTS, INC
- **Address:** 508, Paragon Rd SE ,, ALBUQUERQUE, NM, 87105-7439
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $184K
- **Initial approval:** $184K
- **Forgiven:** $185K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $184K
- **Jobs reported:** 16
## Lender
- **Originating:** Itria Ventures LLC
- **Servicing:** Itria Ventures LLC (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*