# PPP loan: NEW ERA LUMBER
> **$328K** approved 05/01/2020 · Paid in Full · Loan `6778497707`
## Borrower
- **Name:** NEW ERA LUMBER
- **Address:** 123-24 Rockaway Blvd, So Ozone Park, NY, 11420
- **NAICS:** 423310
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Jobs reported:** 25
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*