# PPP loan: NEWPORT WALDPORT ACQUISITION CORP
> **$329K** approved 05/01/2020 · Paid in Full · Loan `7299267705`
## Borrower
- **Name:** NEWPORT WALDPORT ACQUISITION CORP
- **Address:** 345 OLIVE ST E, NEWPORT, OR, 97365
- **NAICS:** 444110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $329K
- **Initial approval:** $329K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $329K
- **Jobs reported:** 39
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*