# PPP loan: NEW WORLD STAINLESS, LLC
> **$512K** approved 04/15/2020 · Paid in Full · Loan `9529647108`
## Borrower
- **Name:** NEW WORLD STAINLESS, LLC
- **Address:** 100 RANDOLPH RD, SOMERSET, NJ, 08873-1384
- **NAICS:** 331210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $512K
- **Initial approval:** $512K
- **Forgiven:** $519K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $512K
- **Jobs reported:** 34
## Lender
- **Originating:** Firstrust Savings Bank
- **Servicing:** Firstrust Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*