# PPP loan: NEWTON SERVICES FOUNDATION INC.
> **$2.00M** approved 01/19/2021 · Paid in Full · Loan `1822738306`
## Borrower
- **Name:** NEWTON SERVICES FOUNDATION INC.
- **Address:** 2370 S Linden Rd, Flint, MI, 48532-5424
- **NAICS:** 561311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.03M (101%)
- **Forgiveness date:** 05/27/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 258
## Lender
- **Originating:** Oxford Bank
- **Servicing:** Oxford Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*