# PPP loan: NEW BEGINNING INC
> **$180K** approved 06/16/2020 · Paid in Full · Loan `6424757901`
## Borrower
- **Name:** NEW BEGINNING INC
- **Address:** 429 W Main St, Waverly, VA, 23890-3242
- **NAICS:** 624110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $180K
- **Jobs reported:** 26
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*