# PPP loan: NEWBANKS INC./BIRMINGHAM
> **$154K** approved 04/13/2020 · Paid in Full · Loan `5581557104`
## Borrower
- **Name:** NEWBANKS INC./BIRMINGHAM
- **Address:** 2700 CORPORATE DR., STE 200, BIRMINGHAM, AL, 35242-2730
- **NAICS:** 926150
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Jobs reported:** 9
## Lender
- **Originating:** Renasant Bank
- **Servicing:** Renasant Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*