# PPP loan: NEWARK 2SP LLC
> **$341K** approved 04/10/2020 · Paid in Full · Loan `1256147108`
## Borrower
- **Name:** NEWARK 2SP LLC
- **Address:** 1203 CHRISTIANA RD, NEWARK, DE, 19713-3503
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $345K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $341K
- **Jobs reported:** 47
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*