# PPP loan: MERMAIDS NEWPORT LLC
> **$336K** approved 03/16/2021 · Charged Off · Loan `3128608606`
## Borrower
- **Name:** MERMAIDS NEWPORT LLC
- **Address:** 254 Thames St, Newport, RI, 02840-6613
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $336K
- **Initial approval:** $336K
- **Status:** Charged Off
- **Term:** 35 months
## Use of funds
- **Payroll:** $336K
- **Utilities:** $1
- **Jobs reported:** 52
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*