# PPP loan: NEWPORT VINEYARDS & WINERY LLC
> **$1.23M** approved 01/25/2021 · Paid in Full · Loan `5611768302`
## Borrower
- **Name:** NEWPORT VINEYARDS & WINERY LLC
- **Address:** 909 E Main Rd, Middletown, RI, 02842-5529
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.23M
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** BankNewport
- **Servicing:** BankNewport (RI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*