# PPP loan: THE NEW HORIZON COUNSELING CENTER INC
> **$5.50M** approved 04/15/2020 · Paid in Full · Loan `8840647106`
## Borrower
- **Name:** THE NEW HORIZON COUNSELING CENTER INC
- **Address:** 108-19 Rockaway Blvd, SOUTH OZONE PARK, NY, 11420
- **NAICS:** 624110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.50M
- **Initial approval:** $5.50M
- **Forgiven:** $5.56M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.50M
- **Jobs reported:** 423
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*