# PPP loan: NEW PLANET ALTERNATIVE LLC
> **$174K** approved 04/14/2020 · Paid in Full · Loan `7468887106`
## Borrower
- **Name:** NEW PLANET ALTERNATIVE LLC
- **Address:** FRANKLIN PIKE CIR, BRENTWOOD, TN, 37027-4324
- **NAICS:** 237210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $156K
- **Debt interest:** $17K
- **Jobs reported:** 19
## Lender
- **Originating:** Peoples Bank of the South
- **Servicing:** Peoples Bank of the South (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*