# PPP loan: J. THOMPSON MARINE CARPENTRY
> **$227K** approved 01/27/2021 · Paid in Full · Loan `7045458307`
## Borrower
- **Name:** J. THOMPSON MARINE CARPENTRY
- **Address:** 1 Washington St, Newport, RI, 02840-1513
- **NAICS:** 238350
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 04/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $227K
- **Jobs reported:** 19
## Lender
- **Originating:** BankNewport
- **Servicing:** BankNewport (RI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*