# PPP loan: TIBBETT'S NEWPORT CORPORATION
> **$189K** approved 04/07/2020 · Paid in Full · Loan `7309947005`
## Borrower
- **Name:** TIBBETT'S NEWPORT CORPORATION
- **Address:** 2337 S. BIRCH ST, SANTA ANA, CA, 92707-3402
- **NAICS:** 424950
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $279K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Jobs reported:** 19
## Lender
- **Originating:** Bank of Hope
- **Servicing:** Bank of Hope (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*