# PPP loan: NEW WORLD AVIATION INC
> **$312K** approved 04/13/2020 · Paid in Full · Loan `4754167110`
## Borrower
- **Name:** NEW WORLD AVIATION INC
- **Address:** 987 POSTAL RD, ALLENTOWN, PA, 18109-9516
- **NAICS:** 481219
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $316K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $312K
- **Jobs reported:** 21
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*