# PPP loan: NEWPORT SPECIALTY FOODS
> **$169K** approved 04/29/2020 · Paid in Full · Loan `2901507303`
## Borrower
- **Name:** NEWPORT SPECIALTY FOODS
- **Address:** 1079 aquidneck ave, MIDDLETOWN, RI, 02842-5255
- **NAICS:** 312112
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Jobs reported:** 16
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*