# PPP loan: NEWMEADOW, INC.
> **$660K** approved 04/04/2020 · Paid in Full · Loan `4794857001`
## Borrower
- **Name:** NEWMEADOW, INC.
- **Address:** 23 Sitterly Road, HALFMOON, NY, 12065-5613
- **NAICS:** 624410
- **Business type:** Non-Profit Childcare Center
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $660K
- **Initial approval:** $660K
- **Forgiven:** $667K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $660K
- **Jobs reported:** 84
## Lender
- **Originating:** Ballston Spa National Bank
- **Servicing:** Ballston Spa National Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*