# PPP loan: NEWPORT CONSTRUCTION MANAGEMENT CORPORATION
> **$268K** approved 04/14/2020 · Paid in Full · Loan `7102997110`
## Borrower
- **Name:** NEWPORT CONSTRUCTION MANAGEMENT CORPORATION
- **Address:** 5032 Marlton Pike, Pennsauken, NJ, 08109
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 18
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*