# PPP loan: J.L. NEWTON INC.
> **$313K** approved 02/09/2021 · Paid in Full · Loan `5826898401`
## Borrower
- **Name:** J.L. NEWTON INC.
- **Address:** 30 Langley Rd, Newton, MA, 02459-1918
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $313K
- **Initial approval:** $313K
- **Forgiven:** $318K (101%)
- **Forgiveness date:** 06/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $313K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*