# PPP loan: THE NEW PRESS INC.
> **$429K** approved 03/10/2021 · Paid in Full · Loan `8806738504`
## Borrower
- **Name:** THE NEW PRESS INC.
- **Address:** 120 Wall St Fl 30, New York, NY, 10005-4008
- **NAICS:** 511130
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $433K (101%)
- **Forgiveness date:** 03/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $429K
- **Jobs reported:** 26
## Lender
- **Originating:** BayFirst National Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*