# PPP loan: WARAMAUG NEWARK LLC
> **$425K** approved 04/29/2020 · Charged Off · Loan `3198567301`
## Borrower
- **Name:** WARAMAUG NEWARK LLC
- **Address:** 851 Broken Sound Pkwy Ste 270, Boca Raton, FL, 33487
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $283K (67%)
- **Forgiveness date:** 06/10/2021
- **Status:** Charged Off
- **Term:** 7 months
## Use of funds
- **Payroll:** $425K
- **Jobs reported:** 65
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*