# PPP loan: THE NEW HOPE FUND LLC
> **$311K** approved 05/01/2020 · Paid in Full · Loan `9215987309`
## Borrower
- **Name:** THE NEW HOPE FUND LLC
- **Address:** 406 Avenue F, Brooklyn, NY, 11218
- **NAICS:** 624221
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $311K
- **Jobs reported:** 45
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*