# PPP loan: NEWBERRY INSURANCE AGENCY, INC.
> **$400K** approved 04/06/2020 · Paid in Full · Loan `5807927003`
## Borrower
- **Name:** NEWBERRY INSURANCE AGENCY, INC.
- **Address:** 1760 ELLINGTON RD, SOUTH WINDSOR, CT, 06074-2715
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $327K (82%)
- **Forgiveness date:** 06/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Jobs reported:** 35
## Lender
- **Originating:** Litchfield Bancorp, A Division of
- **Servicing:** Northwest Community Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*