# PPP loan: NEW CONCEPTS MANAGEMENT GROUP
> **$395K** approved 04/13/2020 · Paid in Full · Loan `5157327106`
## Borrower
- **Name:** NEW CONCEPTS MANAGEMENT GROUP
- **Address:** 5707 EXCELSIOR BLVD, MINNEAPOLIS, MN, 55416-2827
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $395K
- **Jobs reported:** 33
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*