# PPP loan: PRIORITY AUTOMOTIVE OF NEWPORT LLC
> **$285K** approved 04/28/2020 · Paid in Full · Loan `6585937200`
## Borrower
- **Name:** PRIORITY AUTOMOTIVE OF NEWPORT LLC
- **Address:** 1133 W Main Rd, MIDDLETOWN, RI, 02842
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $288K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 48
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*