# PPP loan: NEW AGE ELDER CARE INC
> **$1.65M** approved 06/03/2020 · Paid in Full · Loan `7190177807`
## Borrower
- **Name:** NEW AGE ELDER CARE INC
- **Address:** 701 Deerfield Parkway 101, Buffalo Grove, IL, 60089-7507
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.65M
- **Initial approval:** $1.65M
- **Forgiven:** $1.66M (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.65M
- **Jobs reported:** 498
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*