# PPP loan: NEWEST CONSTRUCTION CO INC.
> **$571K** approved 05/01/2020 · Paid in Full · Loan `9185447701`
## Borrower
- **Name:** NEWEST CONSTRUCTION CO INC.
- **Address:** 9235 Trade Place, San Diego, CA, 92126
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $571K
- **Initial approval:** $571K
- **Forgiven:** $578K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $571K
- **Jobs reported:** 27
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*