# PPP loan: NEWELY INC
> **$703K** approved 02/19/2021 · Paid in Full · Loan `1677178503`
## Borrower
- **Name:** NEWELY INC
- **Address:** 1726 Bailey Trail, The Villages, FL, 32162
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $703K
- **Initial approval:** $703K
- **Forgiven:** $710K (101%)
- **Forgiveness date:** 03/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $703K
- **Jobs reported:** 44
## Lender
- **Originating:** BankUnited, National Association
- **Servicing:** BankUnited, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*