# PPP loan: THE FRANCIS MALBONE HOUSE INN INC.
> **$156K** approved 01/25/2021 · Paid in Full · Loan `5269238300`
## Borrower
- **Name:** THE FRANCIS MALBONE HOUSE INN INC.
- **Address:** 392 Thames St, Newport, RI, 02840-6604
- **NAICS:** 721191
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $156K
- **Utilities:** $1
- **Jobs reported:** 16
## 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*