# PPP loan: NEWSLINK OF MIAMI LLC
> **$1.16M** approved 04/11/2020 · Exemption 4 · Loan `2786207104`
## Borrower
- **Name:** NEWSLINK OF MIAMI LLC
- **Address:** 6910 NW 12th Street, MIAMI, FL, 33126-1336
- **NAICS:** 453998
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $207K (18%)
- **Forgiveness date:** 08/23/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $870K
- **Rent:** $235K
- **Utilities:** $10K
- **Health care:** $25K
- **Debt interest:** $20K
- **Jobs reported:** 195
## Lender
- **Originating:** FirstBank Puerto Rico
- **Servicing:** FirstBank Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*