# PPP loan: THE POWELTON CLUB OF NEWBURGH
> **$299K** approved 04/27/2020 · Paid in Full · Loan `5191037204`
## Borrower
- **Name:** THE POWELTON CLUB OF NEWBURGH
- **Address:** 29 Balmville Rd, NEWBURGH, NY, 12550
- **NAICS:** 713910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $301K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $299K
- **Jobs reported:** 74
## Lender
- **Originating:** Orange Bank & Trust Company
- **Servicing:** Orange Bank & Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*