# PPP loan: NEWPORT WISE MANAGEMENT, LLC
> **$167K** approved 04/28/2020 · Paid in Full · Loan `8678417206`
## Borrower
- **Name:** NEWPORT WISE MANAGEMENT, LLC
- **Address:** 110 East Main Street, WISE, VA, 24293
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Jobs reported:** 6
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*