# PPP loan: NEWPORT ACCEPTANCE CORPORATION
> **$228K** approved 04/29/2020 · Paid in Full · Loan `2306787301`
## Borrower
- **Name:** NEWPORT ACCEPTANCE CORPORATION
- **Address:** 2552 WALNUT AVE 160, TUSTIN, CA, 92780-6992
- **NAICS:** 522390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Status:** Paid in Full
- **Term:** 9 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 18
## Lender
- **Originating:** Sunwest Bank
- **Servicing:** Sunwest Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*