Newport Pacific Corporation
$2,000,000 PPP Loan in Newport, Oregon
Loan Details
- Loan Number
- 2057478307
- Date Approved
- Jan 20, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,025,111
- Forgiveness Date
- Apr 25, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Newport Pacific Corporation
- Address
- 422 SW 10th St
- City
- Newport
- State
- Oregon
- ZIP Code
- 97365-4730
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (722511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 127
- Estimated Revenue
- $22.5M
- Rural/Urban
- Rural
- Congressional District
- OR-04
Loan Use Breakdown
- Payroll
- $1,999,995
- Utilities
- $1
Lender Information
- Servicing Lender
- Oregon Coast Bank
- Originating Lender
- Oregon Coast Bank
Other PPP Loans in Newport, OR
| Business | Approved | |
|---|---|---|
| Oregon Brewing Company DBA Rogue Ales & Spirits | $2,313,400 | |
| Hallmark Inns & Resorts, Inc., Employee Stock Ownership Plan | $2,211,735 | |
| Newport Pacific Corporation | $1,919,935 | |
| Oregon Brewing Company | $1,655,306 | |
| Oregon Coast Aquarium INC | $851,678 |
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