# PPP loan: NEWPORT CREAMERY LLC
> **$1.46M** approved 04/05/2020 · Paid in Full · Loan `5148017007`
## Borrower
- **Name:** NEWPORT CREAMERY LLC
- **Address:** 35 Sockanosset Cross Road, CRANSTON, RI, 02920-5500
- **NAICS:** 722211
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.46M
- **Initial approval:** $1.46M
- **Forgiven:** $1.48M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.10M
- **Rent:** $366K
- **Jobs reported:** 235
## Lender
- **Originating:** Centreville Bank
- **Servicing:** Centreville Bank (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*