# PPP loan: NEWS
> **$285K** approved 04/15/2020 · Paid in Full · Loan `8040847109`
## Borrower
- **Name:** NEWS
- **Address:** 1141 Pear Tree Lane, #220, napa, CA, 94558
- **NAICS:** 541990
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $288K (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 28
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*