# PPP loan: NEWREST RDU LLC
> **$481K** approved 04/30/2020 · Paid in Full · Loan `4947077310`
## Borrower
- **Name:** NEWREST RDU LLC
- **Address:** 1000 Parliament Ct STE 400, DURHAM, NC, 27703-8456
- **NAICS:** 722310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $481K
- **Initial approval:** $481K
- **Forgiven:** $362K (75%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $481K
- **Jobs reported:** 89
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*