# PPP loan: NEW WEN INC
> **$618K** approved 04/14/2020 · Paid in Full · Loan `6089387104`
## Borrower
- **Name:** NEW WEN INC
- **Address:** 1516 W Church St, NEWARK, OH, 43055
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $618K
- **Initial approval:** $791K
- **Forgiven:** $623K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $618K
- **Jobs reported:** 500
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*