# PPP loan: NEWARK SENIOR CENTER, INC.
> **$209K** approved 04/15/2020 · Paid in Full · Loan `8640237107`
## Borrower
- **Name:** NEWARK SENIOR CENTER, INC.
- **Address:** 200 Whitechapel Drive, Newark, DE, 19713
- **NAICS:** 624120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $210K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Utilities:** $27K
- **Health care:** $15K
- **Jobs reported:** 36
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*