# PPP loan: NEW AGE CARE SERVICES INC
> **$535K** approved 04/29/2020 · Paid in Full · Loan `4491097306`
## Borrower
- **Name:** NEW AGE CARE SERVICES INC
- **Address:** 1400 Battleground Ave, Greensboro, NC, 27408
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $535K
- **Initial approval:** $535K
- **Forgiven:** $542K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $402K
- **Rent:** $134K
- **Jobs reported:** 188
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*