# PPP loan: NEWPOINT ADVISORS CORPORATION
> **$231K** approved 03/20/2021 · Paid in Full · Loan `5151628609`
## Borrower
- **Name:** NEWPOINT ADVISORS CORPORATION
- **Address:** 1320 Tower Rd, Schaumburg, IL, 60173-4309
- **NAICS:** 523999
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 02/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $231K
- **Jobs reported:** 16
## Lender
- **Originating:** Byline Bank
- **Servicing:** Byline Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*