# PPP loan: NEWBURY MANAGEMENT COMPANY
> **$371K** approved 04/06/2020 · Paid in Full · Loan `5757927004`
## Borrower
- **Name:** NEWBURY MANAGEMENT COMPANY
- **Address:** 3408 Woodland Ave Suite 504, WEST DES MOINES, IA, 50266-1911
- **NAICS:** 531390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $371K
- **Initial approval:** $1.34M
- **Forgiven:** $375K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $371K
- **Jobs reported:** 106
## Lender
- **Originating:** Community State Bank
- **Servicing:** Community State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*