# PPP loan: NEW CENTURY ACADEMY
> **$232K** approved 06/30/2020 · Paid in Full · Loan `6793438008`
## Borrower
- **Name:** NEW CENTURY ACADEMY
- **Address:** 950 SCHOOL RD SW, HUTCHINSON, MN, 55350-2158
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $232K
- **Jobs reported:** 36
## Lender
- **Originating:** Citizens Bank & Trust Co
- **Servicing:** Citizens Bank & Trust Co (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*