# PPP loan: NEW CENTURY AG
> **$1.12M** approved 04/13/2020 · Paid in Full · Loan `4839827106`
## Borrower
- **Name:** NEW CENTURY AG
- **Address:** 10885 ND 5 NW, NOONAN, ND, 58765-4036
- **NAICS:** 424510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $842K
- **Rent:** $183K
- **Utilities:** $97K
- **Jobs reported:** 60
## Lender
- **Originating:** The Bank of Tioga
- **Servicing:** The Bank of Tioga (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*