# PPP loan: NEWSPAPERS OF NEW ENGLAND, INC.
> **$2.78M** approved 04/06/2020 · Paid in Full · Loan `5720937003`
## Borrower
- **Name:** NEWSPAPERS OF NEW ENGLAND, INC.
- **Address:** 1 MONITOR DR, CONCORD, NH, 03301-1834
- **NAICS:** 511110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.78M
- **Initial approval:** $2.78M
- **Forgiven:** $2.83M (102%)
- **Forgiveness date:** 12/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.78M
- **Jobs reported:** 272
## Lender
- **Originating:** Mascoma Bank
- **Servicing:** Mascoma Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*