# PPP loan: NEWAGE RANCHO MIRAGE LLC
> **$2.00M** approved 02/05/2021 · Exemption 4 · Loan `4063678401`
## Borrower
- **Name:** NEWAGE RANCHO MIRAGE LLC
- **Address:** 68900 Frank Sinatra Dr, Rancho Mirage, CA, 92270-5300
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 154
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*