# PPP loan: N & R OF NEW MADRID LLC
> **$385K** approved 04/09/2020 · Paid in Full · Loan `9851367007`
## Borrower
- **Name:** N & R OF NEW MADRID LLC
- **Address:** 1050 DAWSON RD, NEW MADRID, MO, 63869-1116
- **NAICS:** 623110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $385K
- **Initial approval:** $385K
- **Forgiven:** $390K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $308K
- **Mortgage interest:** $39K
- **Utilities:** $39K
- **Jobs reported:** 93
## Lender
- **Originating:** First Midwest Bank of the Ozarks
- **Servicing:** First Midwest Bank of the Ozarks (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*