# PPP loan: PORTADAM INC.
> **$547K** approved 02/20/2021 · Paid in Full · Loan `2484318506`
## Borrower
- **Name:** PORTADAM INC.
- **Address:** 3082 S Black Horse Pike, Williamstown, NJ, 08094-7525
- **NAICS:** 532412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $547K
- **Initial approval:** $547K
- **Forgiven:** $550K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $547K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*