# PPP loan: EMMERICH NEWSPAPERS, INC.
> **$1.55M** approved 04/03/2020 · Paid in Full · Loan `4389517000`
## Borrower
- **Name:** EMMERICH NEWSPAPERS, INC.
- **Address:** 246 Briarwood Drive Suite 100, JACKSON, MS, 39206-3027
- **NAICS:** 511110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.56M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.49M
- **Rent:** $11K
- **Mortgage interest:** $50K
- **Utilities:** $7K
- **Jobs reported:** 250
## Lender
- **Originating:** First Commercial Bank
- **Servicing:** First Commercial Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*