# PPP loan: NEW ERA LOGISTICS INC.
> **$388K** approved 02/12/2021 · Paid in Full · Loan `7484288404`
## Borrower
- **Name:** NEW ERA LOGISTICS INC.
- **Address:** 110 Edinboro Ln, Reading, PA, 19605-7015
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $389K (100%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $387K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Tompkins VIST Bank, A Branch of
- **Servicing:** Tompkins Community Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*