# PPP loan: NEWMARK MERRILL COMPANIES, INC.
> **$1.55M** approved 04/06/2020 · Paid in Full · Loan `5976007010`
## Borrower
- **Name:** NEWMARK MERRILL COMPANIES, INC.
- **Address:** 5850 CANOGA AVE, WOODLAND HILLS, CA, 91367-5070
- **NAICS:** 237210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.57M (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.35M
- **Rent:** $40K
- **Utilities:** $15K
- **Health care:** $130K
- **Debt interest:** $20K
- **Jobs reported:** 76
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*