# PPP loan: NEW ENERGY STRUCTURES COMPANY
> **$481K** approved 04/05/2020 · Paid in Full · Loan `5133857009`
## Borrower
- **Name:** NEW ENERGY STRUCTURES COMPANY
- **Address:** 4022 Mulligan Drive, LONGMONT, CO, 80504-9655
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $481K
- **Initial approval:** $481K
- **Forgiven:** $485K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $361K
- **Rent:** $30K
- **Mortgage interest:** $30K
- **Utilities:** $30K
- **Health care:** $30K
- **Jobs reported:** 30
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*