# PPP loan: NEW MERIDEN DONUTS, INC.
> **$275K** approved 04/05/2020 · Paid in Full · Loan `5076007004`
## Borrower
- **Name:** NEW MERIDEN DONUTS, INC.
- **Address:** 57 South Broad Street, MERIDEN, CT, 06450-6544
- **NAICS:** 445291
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Jobs reported:** 85
## Lender
- **Originating:** Bank Rhode Island
- **Servicing:** Bank Rhode Island (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*