# PPP loan: A NEW VISION IN EDUCATION SERVICES & MATERIAL INC.
> **$514K** approved 04/13/2020 · Paid in Full · Loan `5655407109`
## Borrower
- **Name:** A NEW VISION IN EDUCATION SERVICES & MATERIAL INC.
- **Address:** PMB 641 HC 1 Box 29030, CAGUAS, PR, 00725-8900
- **NAICS:** 611710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $514K
- **Initial approval:** $514K
- **Forgiven:** $518K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $430K
- **Mortgage interest:** $26K
- **Utilities:** $36K
- **Health care:** $22K
- **Jobs reported:** 78
## Lender
- **Originating:** Banesco USA
- **Servicing:** Banesco USA (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*