# PPP loan: PORCH.COM, INC.
> **$8.14M** approved 04/10/2020 · Paid in Full · Loan `2304117110`
## Borrower
- **Name:** PORCH.COM, INC.
- **Address:** 2200 1st Avenue South, SEATTLE, WA, 98134-1408
- **NAICS:** 541890
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $8.14M
- **Initial approval:** $8.14M
- **Forgiven:** $8.23M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.46M
- **Rent:** $379K
- **Utilities:** $148K
- **Debt interest:** $1.15M
- **Jobs reported:** 412
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*