# PPP loan: NEW OPPORTUNITIES INC
> **$1.75M** approved 01/23/2021 · Paid in Full · Loan `4299188305`
## Borrower
- **Name:** NEW OPPORTUNITIES INC
- **Address:** 232 N Elm St, Waterbury, CT, 06702-1516
- **NAICS:** 624230
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.75M
- **Initial approval:** $1.75M
- **Forgiven:** $1.76M (101%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.75M
- **Utilities:** $1
- **Jobs reported:** 251
## Lender
- **Originating:** Thomaston Savings Bank
- **Servicing:** Thomaston Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*