# PPP loan: M. M. NEWMAN CORPORATAION
> **$173K** approved 04/06/2020 · Paid in Full · Loan `5893437004`
## Borrower
- **Name:** M. M. NEWMAN CORPORATAION
- **Address:** 24 Tioga Way, MARBLEHEAD, MA, 01945-1575
- **NAICS:** 332216
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Jobs reported:** 12
## Lender
- **Originating:** The National Grand Bank of Marblehead
- **Servicing:** The National Grand Bank of Marblehead (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*