# PPP loan: NEWPORT PROPERTY CONSTRUCTION
> **$428K** approved 05/29/2021 · Paid in Full · Loan `9094409000`
## Borrower
- **Name:** NEWPORT PROPERTY CONSTRUCTION
- **Address:** 3211 Ponce de Leon Blvd Ste 201, Coral Gables, FL, 33134-7274
- **NAICS:** 236118
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $428K
- **Initial approval:** $428K
- **Forgiven:** $431K (101%)
- **Forgiveness date:** 04/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $428K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** Banesco USA
- **Servicing:** Banesco USA (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*