# PPP loan: WJ NEWPORT LLC
> **$1.96M** approved 04/11/2020 · Paid in Full · Loan `3078397108`
## Borrower
- **Name:** WJ NEWPORT LLC
- **Address:** 4500 MACARTHUR BLVD, NEWPORT BEACH, CA, 92660-2010
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.96M
- **Initial approval:** $2.06M
- **Forgiven:** $1.98M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.96M
- **Jobs reported:** 171
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*