# PPP loan: INTERNATIONAL NEWS, INC.
> **$266K** approved 05/01/2020 · Paid in Full · Loan `8912507306`
## Borrower
- **Name:** INTERNATIONAL NEWS, INC.
- **Address:** 19226 70th Avenue South, Kent, WA, 98032-2167
- **NAICS:** 424320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $62K
- **Utilities:** $4K
- **Jobs reported:** 33
## Lender
- **Originating:** Transportation Alliance Bank, Inc. d/b/a TAB Bank
- **Servicing:** Transportation Alliance Bank, Inc. d/b/a TAB Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*