# PPP loan: NEW TECH NETWORK INC.
> **$2.00M** approved 04/28/2020 · Paid in Full · Loan `8440737208`
## Borrower
- **Name:** NEW TECH NETWORK INC.
- **Address:** 1250 Main Street Suite 100, Napa, CA, 94559
- **NAICS:** 611710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 06/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.96M
- **Mortgage interest:** $40K
- **Jobs reported:** 101
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*