# PPP loan: NEWPORT ASSISTED LIVING LLC
> **$243K** approved 04/09/2020 · Paid in Full · Loan `9829027003`
## Borrower
- **Name:** NEWPORT ASSISTED LIVING LLC
- **Address:** 7660 Fay Ave, Suite N, LA JOLLA, CA, 92037-0021
- **NAICS:** 623312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $243K
- **Jobs reported:** 71
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*