# PPP loan: NEW CARE INC
> **$501K** approved 04/15/2020 · Paid in Full · Loan `8892137108`
## Borrower
- **Name:** NEW CARE INC
- **Address:** 903 MAIN AVE, CRIVITZ, WI, 54114-1619
- **NAICS:** 623110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $508K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $401K
- **Rent:** $70K
- **Mortgage interest:** $5K
- **Utilities:** $25K
- **Jobs reported:** 81
## Lender
- **Originating:** Nicolet National Bank
- **Servicing:** Nicolet National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*