# PPP loan: NEWTON RESEARCH LABS INC.
> **$221K** approved 03/16/2021 · Paid in Full · Loan `3313168607`
## Borrower
- **Name:** NEWTON RESEARCH LABS INC.
- **Address:** 441 SW 41st St, Renton, WA, 98057-4926
- **NAICS:** 333249
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 08/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $221K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*