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
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

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