# PPP loan: NEWPORT PROPERTY CONSTRUCTION, LTD
> **$446K** approved 04/13/2020 · Paid in Full · Loan `4634557104`
## Borrower
- **Name:** NEWPORT PROPERTY CONSTRUCTION, LTD
- **Address:** 3211 PONCE DE LEON BLVD, SUITE 201, CORAL GABLES, FL, 33134
- **NAICS:** 236220
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $446K
- **Initial approval:** $446K
- **Forgiven:** $452K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $446K
- **Jobs reported:** 24
## Lender
- **Originating:** Centennial Bank
- **Servicing:** Centennial Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*