# PPP loan: NEWKOTA SERVICES & RENTALS, LLC
> **$1.94M** approved 04/03/2020 · Exemption 4 · Loan `4349547004`
## Borrower
- **Name:** NEWKOTA SERVICES & RENTALS, LLC
- **Address:** 925 72nd AVE NE, MINOT, ND, 58703-0267
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.94M
- **Initial approval:** $1.94M
- **Forgiven:** $1.49M (77%)
- **Forgiveness date:** 06/22/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.55M
- **Rent:** $388K
- **Jobs reported:** 100
## Lender
- **Originating:** Bravera Bank
- **Servicing:** Bravera Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*