# PPP loan: OLDPORT MARINE SERVICES INC
> **$163K** approved 04/13/2020 · Paid in Full · Loan `4485837100`
## Borrower
- **Name:** OLDPORT MARINE SERVICES INC
- **Address:** 1 Sayers Wharf PO Box 141, NEWPORT, RI, 02840
- **NAICS:** 488390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 12
## Lender
- **Originating:** BankNewport
- **Servicing:** BankNewport (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*