# PPP loan: NEWCOMBS SERVICE INC
> **$201K** approved 04/15/2020 · Exemption 4 · Loan `2154037201`
## Borrower
- **Name:** NEWCOMBS SERVICE INC
- **Address:** 3123 LAPEER RD, AUBURN HILLS, MI, 48326-1937
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $83K (41%)
- **Forgiveness date:** 09/20/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $201K
- **Jobs reported:** 10
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*