# PPP loan: NEWINS BAYSHORE FORD INC
> **$896K** approved 04/28/2020 · Paid in Full · Loan `6632637208`
## Borrower
- **Name:** NEWINS BAYSHORE FORD INC
- **Address:** 219 West Main St, BAY SHORE, NY, 11706-8317
- **NAICS:** 423110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $896K
- **Initial approval:** $896K
- **Forgiven:** $901K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $717K
- **Rent:** $179K
- **Jobs reported:** 60
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*