# PPP loan: WEST NEWPORT OIL COMPANY
> **$192K** approved 03/24/2021 · Paid in Full · Loan `7886668610`
## Borrower
- **Name:** WEST NEWPORT OIL COMPANY
- **Address:** 1080 W 17th St, Costa Mesa, CA, 92627-4503
- **NAICS:** 213111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 02/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $192K
- **Jobs reported:** 6
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*