# PPP loan: STRAUS NEWSPAPERS INC
> **$365K** approved 05/01/2020 · Paid in Full · Loan `5577477700`
## Borrower
- **Name:** STRAUS NEWSPAPERS INC
- **Address:** 20 WEST AVE STE 201, CHESTER, NY, 10918-1053
- **NAICS:** 511110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $368K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $365K
- **Jobs reported:** 52
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*