# PPP loan: NEWREST LLC
> **$338K** approved 01/26/2021 · Paid in Full · Loan `5895308305`
## Borrower
- **Name:** NEWREST LLC
- **Address:** 301 S Front St, Memphis, TN, 38103-4111
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $341K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $338K
- **Jobs reported:** 48
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*