# PPP loan: THE NEW FOOD ECONOMY INC.
> **$219K** approved 02/09/2021 · Paid in Full · Loan `5832978408`
## Borrower
- **Name:** THE NEW FOOD ECONOMY INC.
- **Address:** 12 E 49th St Fl 4, New York, NY, 10017-1028
- **NAICS:** 511110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $220K (100%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $219K
- **Jobs reported:** 15
## Lender
- **Originating:** CRF Small Business Loan Company, LLC
- **Servicing:** CRF Small Business Loan Company, LLC (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*