# PPP loan: NEWPORT HOTEL HOLDING, LLC
> **$751K** approved 04/27/2020 · Paid in Full · Loan `4379337208`
## Borrower
- **Name:** NEWPORT HOTEL HOLDING, LLC
- **Address:** 4545 MACARTHUR BLVD, NEWPORT BEACH, CA, 92660-2022
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $751K
- **Initial approval:** $751K
- **Forgiven:** $760K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $751K
- **Jobs reported:** 120
## Lender
- **Originating:** Bank of Hope
- **Servicing:** Bank of Hope (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*