# PPP loan: NEW ECONOMY PROJECT
> **$228K** approved 04/08/2020 · Paid in Full · Loan `8484767001`
## Borrower
- **Name:** NEW ECONOMY PROJECT
- **Address:** 121 W. 27th Street, Suite 804, NEW YORK, NY, 10001-0142
- **NAICS:** 926110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 14
## Lender
- **Originating:** Brooklyn Cooperative FCU
- **Servicing:** Brooklyn Cooperative FCU (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*