# PPP loan: NEWPORT ART MUSEUM AND ART ASSOCIATION
> **$175K** approved 04/10/2020 · Paid in Full · Loan `1627547110`
## Borrower
- **Name:** NEWPORT ART MUSEUM AND ART ASSOCIATION
- **Address:** 76 Bellevue, NEWPORT, RI, 02840
- **NAICS:** 712110
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 21
## Lender
- **Originating:** BankNewport
- **Servicing:** BankNewport (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*