# PPP loan: NEW LIGHT RECOVERY CENTER, INC.
> **$301K** approved 05/03/2020 · Paid in Full · Loan `9920037301`
## Borrower
- **Name:** NEW LIGHT RECOVERY CENTER, INC.
- **Address:** 300 McNichols Rd, HIGHLAND PARK, MI, 48203
- **NAICS:** 621420
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $301K
- **Initial approval:** $301K
- **Forgiven:** $305K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Rent:** $21K
- **Utilities:** $4K
- **Health care:** $8K
- **Jobs reported:** 37
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*