# PPP loan: BOONE NEWSPAPERS INC.
> **$1.90M** approved 03/01/2021 · Paid in Full · Loan `5722818503`
## Borrower
- **Name:** BOONE NEWSPAPERS INC.
- **Address:** 3933 Rice Mine Rd NE Ste 103, Tuscaloosa, AL, 35406-1523
- **NAICS:** 511110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.90M
- **Initial approval:** $1.90M
- **Forgiven:** $1.83M (96%)
- **Forgiveness date:** 07/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.90M
- **Utilities:** $1
- **Jobs reported:** 249
## Lender
- **Originating:** SmartBank
- **Servicing:** SmartBank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*