PPP Loan information for Newport pacific corporation

$2,000,000

Newport pacific corporation was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/20/2021 by The Oregon Coast Bank reported 127 jobs and $2,000,000 was used to fund payroll.

Newport pacific corporation is Existing or more than 2 years old

NEWPORT PACIFIC CORPORATION

Date Approved

01/20/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

NEWPORT PACIFIC CORPORATION

Borrower Address

422 SW 10th St

Borrower City

Newport

Borrower State

OR

Borrower Zip

97365-4730

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

263238

Servicing Lender Name

Oregon Coast Bank

Servicing Lender Address

909 SE Bay Blvd

Servicing Lender City

NEWPORT

Servicing Lender State

OR

Servicing Lender Zip

97365-4102

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

LINCOLN

Project State

OR

Project Zip

97365-4730

CD

OR-04

Jobs Reported

127

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

263238

Originating Lender

Oregon Coast Bank

Originating Lender City

NEWPORT

Originating Lender State

OR

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2025111.11

Forgiveness Date

04/25/2022

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