# PPP loan: NEW AC INC
> **$758K** approved 04/15/2020 · Charged Off · Loan `9891507104`
## Borrower
- **Name:** NEW AC INC
- **Address:** 8130 GLADES RD 383, BOCA RATON, FL, 33434
- **NAICS:** 238910
- **Business type:** Sole Proprietorship
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $758K
- **Initial approval:** $758K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $758K
- **Jobs reported:** 84
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*