# PPP loan: NEW ERA CAP CO.,INC.
> **$8.39M** approved 04/15/2020 · Paid in Full · Loan `8599587104`
## Borrower
- **Name:** NEW ERA CAP CO.,INC.
- **Address:** 160 DELAWARE AVE, BUFFALO, NY, 14202-2404
- **NAICS:** 424320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $8.39M
- **Initial approval:** $8.39M
- **Forgiven:** $8.48M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $8.39M
- **Jobs reported:** 488
## Lender
- **Originating:** S & T Bank
- **Servicing:** S & T Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*