# PPP loan: NEWBURGH HEALTH CARE & RESIDENTIAL CENTER INC
> **$1.12M** approved 04/14/2020 · Paid in Full · Loan `7470747109`
## Borrower
- **Name:** NEWBURGH HEALTH CARE & RESIDENTIAL CENTER INC
- **Address:** 10466 POLLACK AVE, NEWBURGH, IN, 47630
- **NAICS:** 623110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.12M (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Jobs reported:** 135
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*