# PPP loan: LTC OF NEWPORT, LLC
> **$435K** approved 04/13/2020 · Paid in Full · Loan `5522147110`
## Borrower
- **Name:** LTC OF NEWPORT, LLC
- **Address:** 1311 N PECAN ST, NEWPORT, AR, 72112-2816
- **NAICS:** 623312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $435K
- **Initial approval:** $435K
- **Forgiven:** $440K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $435K
- **Jobs reported:** 102
## Lender
- **Originating:** Peoples Community Bank
- **Servicing:** Peoples Community Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*