# PPP loan: NEWMAN INTERNATIONAL ACADEMY
> **$4.46M** approved 04/27/2020 · Paid in Full · Loan `4623097200`
## Borrower
- **Name:** NEWMAN INTERNATIONAL ACADEMY
- **Address:** 2011 S Fielder Rd, Arlington, TX, 76013-6255
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.46M
- **Initial approval:** $4.46M
- **Forgiven:** $4.52M (101%)
- **Forgiveness date:** 10/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.62M
- **Rent:** $450K
- **Mortgage interest:** $155K
- **Utilities:** $86K
- **Health care:** $141K
- **Debt interest:** $8K
- **Jobs reported:** 487
## Lender
- **Originating:** CRF Small Business Loan Company, LLC
- **Servicing:** CRF Small Business Loan Company, LLC (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*