# PPP loan: INDEPENDENT NEWSMEDIA INC USA
> **$1.85M** approved 03/12/2021 · Paid in Full · Loan `1169358600`
## Borrower
- **Name:** INDEPENDENT NEWSMEDIA INC USA
- **Address:** 110 Galaxy Dr 110 Galaxy Dr, Dover, DE, 19901-9262
- **NAICS:** 511110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.86M (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.85M
- **Utilities:** $1
- **Jobs reported:** 209
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*