# PPP loan: INDEPENDENT NEWSMEDIA INC. USA
> **$1.77M** approved 04/16/2020 · Paid in Full · Loan `2561667210`
## Borrower
- **Name:** INDEPENDENT NEWSMEDIA INC. USA
- **Address:** 110 Galaxy Dr, DOVER, DE, 19901
- **NAICS:** 511110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.77M
- **Initial approval:** $1.77M
- **Forgiven:** $1.79M (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.77M
- **Jobs reported:** 212
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*