# PPP loan: NEWPORT HOME CARE INC
> **$251K** approved 02/08/2021 · Paid in Full · Loan `5249558403`
## Borrower
- **Name:** NEWPORT HOME CARE INC
- **Address:** 1300 N Bristol St Ste 150, Newport Beach, CA, 92660-2951
- **NAICS:** 624120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $251K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*