# PPP loan: NEWPORT LAMINATES, INC.
> **$313K** approved 04/28/2020 · Paid in Full · Loan `6858387208`
## Borrower
- **Name:** NEWPORT LAMINATES, INC.
- **Address:** 3121 West Central Ave., Santa Ana, CA, 92704-5302
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $313K
- **Initial approval:** $313K
- **Forgiven:** $316K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $313K
- **Jobs reported:** 24
## Lender
- **Originating:** Primis Bank
- **Servicing:** Primis Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*