# PPP loan: NEWBURGH FOOD CORP
> **$317K** approved 04/16/2020 · Paid in Full · Loan `2943087208`
## Borrower
- **Name:** NEWBURGH FOOD CORP
- **Address:** 52 Route 17K Suite 217, NEWBURGH, NY, 12550
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $317K
- **Initial approval:** $317K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $267K
- **Rent:** $24K
- **Utilities:** $18K
- **Health care:** $8K
- **Jobs reported:** 49
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*