# PPP loan: NEWPORT TAFT INC
> **$203K** approved 01/21/2021 · Paid in Full · Loan `3074838304`
## Borrower
- **Name:** NEWPORT TAFT INC
- **Address:** 1661 Villa Cardiff Dr, Cardiff, CA, 92007-1153
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $206K (102%)
- **Forgiveness date:** 08/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $203K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Enterprise Bank & Trust
- **Servicing:** Enterprise Bank & Trust (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*