# PPP loan: NEW FOOD MANAGEMENT INC
> **$274K** approved 05/07/2021 · Paid in Full · Loan `7204688903`
## Borrower
- **Name:** NEW FOOD MANAGEMENT INC
- **Address:** 1009 Abbot Kinney Blvd, Venice, CA, 90291-3372
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $275K (100%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*