# PPP loan: NEWTECH INSTALLATION USA INC.
> **$1.27M** approved 04/23/2021 · Paid in Full · Loan `9464548804`
## Borrower
- **Name:** NEWTECH INSTALLATION USA INC.
- **Address:** 444 Smith St, Middletown, CT, 06457-1531
- **NAICS:** 238350
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.27M
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*