# PPP loan: NEWPORT CONSTRUCTION CORPORATION
> **$4.13M** approved 04/03/2020 · Paid in Full · Loan `4420957002`
## Borrower
- **Name:** NEWPORT CONSTRUCTION CORPORATION
- **Address:** 145 TEMPLE ST, NASHUA, NH, 03060-3522
- **NAICS:** 324121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.13M
- **Initial approval:** $4.13M
- **Forgiven:** $4.19M (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.13M
- **Jobs reported:** 165
## Lender
- **Originating:** Merrimack County Savings Bank
- **Servicing:** Merrimack County Savings Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*