# PPP loan: NEW ENGLAND AIRLINES INC.
> **$187K** approved 01/27/2021 · Paid in Full · Loan `6782038305`
## Borrower
- **Name:** NEW ENGLAND AIRLINES INC.
- **Address:** 56 Airport Rd, Westerly, RI, 02891-3402
- **NAICS:** 561599
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $187K
- **Initial approval:** $187K
- **Forgiven:** $188K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $187K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** Westerly Community CU
- **Servicing:** Westerly Community CU (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*