# PPP loan: NEWBANKS BOSTON, INC.
> **$221K** approved 04/14/2020 · Paid in Full · Loan `6797197107`
## Borrower
- **Name:** NEWBANKS BOSTON, INC.
- **Address:** 614 Nasua Street #215, MILFORD, NH, 03055
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Jobs reported:** 12
## Lender
- **Originating:** Bangor Savings Bank
- **Servicing:** Bangor Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*