# PPP loan: NEW BONNEY, LLC
> **$1.98M** approved 04/05/2020 · Paid in Full · Loan `5324347001`
## Borrower
- **Name:** NEW BONNEY, LLC
- **Address:** 11101 TRADE CENTER DR, RANCHO CORDOVA, CA, 95670-6119
- **NAICS:** 238220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.98M
- **Initial approval:** $1.98M
- **Forgiven:** $2.00M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.69M
- **Rent:** $198K
- **Utilities:** $99K
- **Jobs reported:** 127
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*