# PPP loan: PORTAGE PHARMACY, INC.
> **$248K** approved 04/10/2020 · Paid in Full · Loan `1757807103`
## Borrower
- **Name:** PORTAGE PHARMACY, INC.
- **Address:** 7966 LOVERS LN, PORTAGE, MI, 49002-4446
- **NAICS:** 446110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Rent:** $25K
- **Jobs reported:** 32
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*