# PPP loan: NEWT'S 63 INC.
> **$288K** approved 01/20/2021 · Paid in Full · Loan `1908928305`
## Borrower
- **Name:** NEWT'S 63 INC.
- **Address:** 1201 Broadway Ave S, Rochester, MN, 55904-3862
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $288K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** The First National Bank of Henning
- **Servicing:** The First National Bank of Henning (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*