# PPP loan: NEWTON VILLAGE INC.
> **$532K** approved 04/10/2021 · Paid in Full · Loan `1575198802`
## Borrower
- **Name:** NEWTON VILLAGE INC.
- **Address:** 110 N 5th Ave W, Newton, IA, 50208-3186
- **NAICS:** 623110
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $532K
- **Initial approval:** $532K
- **Forgiven:** $538K (101%)
- **Forgiveness date:** 06/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $532K
- **Utilities:** $1
- **Jobs reported:** 99
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*