# PPP loan: NEWPORT OPERATING LLC
> **$162K** approved 02/02/2021 · Paid in Full · Loan `1900168406`
## Borrower
- **Name:** NEWPORT OPERATING LLC
- **Address:** 6951 Virginia Pkwy Ste 100, McKinney, TX, 75071-5715
- **NAICS:** 213111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (100%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $162K
- **Jobs reported:** 15
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*