# PPP loan: NEW TREND FOODS MANAGEMENT LLC
> **$285K** approved 04/08/2020 · Paid in Full · Loan `8263677005`
## Borrower
- **Name:** NEW TREND FOODS MANAGEMENT LLC
- **Address:** 704 Mozelle Street, PHARR, TX, 78577-7380
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $288K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Utilities:** $29K
- **Jobs reported:** 20
## Lender
- **Originating:** Vantage Bank Texas
- **Servicing:** Vantage Bank Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*