# PPP loan: NEWPORT LAMINATES INC.
> **$313K** approved 02/13/2021 · Paid in Full · Loan `8365608406`
## Borrower
- **Name:** NEWPORT LAMINATES INC.
- **Address:** 3121 W Central Ave, Santa Ana, CA, 92704-5302
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $313K
- **Initial approval:** $313K
- **Forgiven:** $316K (101%)
- **Forgiveness date:** 03/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $313K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** Primis Bank
- **Servicing:** Primis Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*