# PPP loan: NEWTON COUNTY REMC
> **$167K** approved 07/17/2020 · Paid in Full · Loan `4925888105`
## Borrower
- **Name:** NEWTON COUNTY REMC
- **Address:** 4151 E US Hwy 24, GOODLAND, IN, 47948
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Utilities:** $167K
- **Jobs reported:** 10
## Lender
- **Originating:** Kentland Bank
- **Servicing:** Kentland Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*