# PPP loan: NEW LIFE LEARNING, LLC
> **$202K** approved 04/13/2020 · Paid in Full · Loan `5344277110`
## Borrower
- **Name:** NEW LIFE LEARNING, LLC
- **Address:** 124 Bryn Mawr Avenue, BALA CYNWYD, PA, 19004-3013
- **NAICS:** 624410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 03/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Rent:** $35K
- **Mortgage interest:** $5K
- **Utilities:** $2K
- **Health care:** $10K
- **Jobs reported:** 35
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*