# PPP loan: NEWELL ROADBUILDERS, INC
> **$1.03M** approved 04/09/2020 · Paid in Full · Loan `9511427005`
## Borrower
- **Name:** NEWELL ROADBUILDERS, INC
- **Address:** 13266 US HIGHWAY 31, HOPE HULL, AL, 36043-5027
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $777K
- **Rent:** $15K
- **Utilities:** $75K
- **Health care:** $80K
- **Debt interest:** $85K
- **Jobs reported:** 102
## Lender
- **Originating:** River Bank & Trust
- **Servicing:** River Bank & Trust (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*