# PPP loan: NEW COVENANT CUSTOM MANUFACTURIN, LLC
> **$156K** approved 04/09/2020 · Paid in Full · Loan `8927657003`
## Borrower
- **Name:** NEW COVENANT CUSTOM MANUFACTURIN, LLC
- **Address:** 1325 Lew Ross Road, COUNCIL BLUFFS, IA, 51501-7702
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $117K
- **Mortgage interest:** $30K
- **Utilities:** $9K
- **Jobs reported:** 21
## Lender
- **Originating:** TS Bank
- **Servicing:** TS Bank (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*