# PPP loan: NEW PORT SALES, INC
> **$232K** approved 04/27/2020 · Paid in Full · Loan `4358297210`
## Borrower
- **Name:** NEW PORT SALES, INC
- **Address:** Bechara Industrial Park 330 Calle Segarra, San Juan, PR, 00920
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $235K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $232K
- **Jobs reported:** 35
## Lender
- **Originating:** Oriental Bank
- **Servicing:** Oriental Bank (PR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*