# PPP loan: NEW CREDIT AMERICA LLC
> **$595K** approved 04/08/2020 · Paid in Full · Loan `8510937009`
## Borrower
- **Name:** NEW CREDIT AMERICA LLC
- **Address:** 811 SW NAITO PARKWAY SUITE 300, PORTLAND, OR, 97204-3309
- **NAICS:** 522291
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $595K
- **Initial approval:** $595K
- **Forgiven:** $67K (11%)
- **Forgiveness date:** 07/16/2024
- **Status:** Paid in Full
- **Term:** 30 months
## Use of funds
- **Payroll:** $446K
- **Rent:** $149K
- **Jobs reported:** 72
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*