# PPP loan: NEWPORT EQUITIES LLC
> **$188K** approved 05/20/2020 · Paid in Full · Loan `9476417409`
## Borrower
- **Name:** NEWPORT EQUITIES LLC
- **Address:** 26 CORPORATE PLAZA DRIVE SUITE 260, NEWPORT BEACH, CA, 92660-7901
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Jobs reported:** 8
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*