# PPP loan: NEW WORLD GROUP INC
> **$375K** approved 01/25/2021 · Paid in Full · Loan `5809288306`
## Borrower
- **Name:** NEW WORLD GROUP INC
- **Address:** 500 County Ave, Secaucus, NJ, 07094-2607
- **NAICS:** 541820
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $377K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $375K
- **Jobs reported:** 17
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*