# PPP loan: NEWARK PUBLIC LIBRARY
> **$2.51M** approved 04/30/2020 · Paid in Full · Loan `5980717308`
## Borrower
- **Name:** NEWARK PUBLIC LIBRARY
- **Address:** 5 Washington St., Newark, NJ, 07102
- **NAICS:** 519120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.51M
- **Initial approval:** $2.51M
- **Forgiven:** $2.54M (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.51M
- **Jobs reported:** 118
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*