# PPP loan: NEWBY RUBBER, INC.
> **$396K** approved 08/07/2020 · Paid in Full · Loan `5192458210`
## Borrower
- **Name:** NEWBY RUBBER, INC.
- **Address:** 320 Industrial St., Bakersfield, CA, 93307-2706
- **NAICS:** 326299
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $396K
- **Initial approval:** $396K
- **Forgiven:** $400K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $396K
- **Jobs reported:** 30
## Lender
- **Originating:** FC Marketplace, LLC (dba Funding Circle)
- **Servicing:** FC Marketplace, LLC (dba Funding Circle) (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*