# PPP loan: NEW LIFE RANCH INC.
> **$1.31M** approved 01/26/2021 · Paid in Full · Loan `6079098310`
## Borrower
- **Name:** NEW LIFE RANCH INC.
- **Address:** 160 New Life Ranch Dr, Colcord, OK, 74338-8100
- **NAICS:** 721214
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.32M (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.31M
- **Utilities:** $1
- **Jobs reported:** 169
## Lender
- **Originating:** Arvest Bank
- **Servicing:** Arvest Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*