# PPP loan: O. A. NEWTON AND SON COMPANY
> **$337K** approved 04/13/2021 · Paid in Full · Loan `2936498810`
## Borrower
- **Name:** O. A. NEWTON AND SON COMPANY
- **Address:** 16356 Sussex Hwy, Bridgeville, DE, 19933-3056
- **NAICS:** 423820
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $337K
- **Initial approval:** $337K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 03/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $337K
- **Jobs reported:** 23
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*