# PPP loan: NEWTON DISTRIBUTING COMPANY INC
> **$228K** approved 03/17/2021 · Paid in Full · Loan `3449658600`
## Borrower
- **Name:** NEWTON DISTRIBUTING COMPANY INC
- **Address:** 245 W Central St # 0, Natick, MA, 01760-3774
- **NAICS:** 423720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 07/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $228K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Rockland Trust Company
- **Servicing:** Rockland Trust Company (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*