# PPP loan: WEST NEWPORT OIL COMPANY
> **$192K** approved 04/14/2020 · Paid in Full · Loan `7989067102`
## Borrower
- **Name:** WEST NEWPORT OIL COMPANY
- **Address:** 1080 W 17TH ST, COSTA MESA, CA, 92627-4503
- **NAICS:** 211120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $192K
- **Jobs reported:** 9
## 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*