# PPP loan: NEWSMAX MEDIA INC
> **$2.56M** approved 04/13/2020 · Paid in Full · Loan `4496557105`
## Borrower
- **Name:** NEWSMAX MEDIA INC
- **Address:** 750 Park of Commerce Drive, BOCA RATON, FL, 33487-3605
- **NAICS:** 519130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.56M
- **Initial approval:** $2.56M
- **Forgiven:** $2.60M (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.56M
- **Jobs reported:** 191
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*