# PPP loan: NEW WORLD CAR NISSAN INC.
> **$1.13M** approved 03/12/2021 · Paid in Full · Loan `9280658503`
## Borrower
- **Name:** NEW WORLD CAR NISSAN INC.
- **Address:** 12908 N Interstate 35, Live Oak, TX, 78233-2613
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 04/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.13M
- **Jobs reported:** 98
## Lender
- **Originating:** Broadway National Bank
- **Servicing:** Broadway National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*