# PPP loan: NEW VENTURE ESCROW, INC.
> **$659K** approved 04/15/2020 · Paid in Full · Loan `9090527110`
## Borrower
- **Name:** NEW VENTURE ESCROW, INC.
- **Address:** 3638 Camino Del Rio N Ste 300, San Diego, CA, 92108
- **NAICS:** 531390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $659K
- **Initial approval:** $659K
- **Forgiven:** $668K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $659K
- **Jobs reported:** 43
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*