# PPP loan: J. THOMPSON MARINE CARPENTRY
> **$205K** approved 04/07/2020 · Paid in Full · Loan `7637977002`
## Borrower
- **Name:** J. THOMPSON MARINE CARPENTRY
- **Address:** 1 Washington St, NEWPORT, RI, 02840-1513
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Jobs reported:** 20
## Lender
- **Originating:** BankNewport
- **Servicing:** BankNewport (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*