# PPP loan: PORTSMOUTH COMMUNICATIONS INC.
> **$271K** approved 04/11/2020 · Paid in Full · Loan `3258127105`
## Borrower
- **Name:** PORTSMOUTH COMMUNICATIONS INC.
- **Address:** 2796 GALLIA ST, PORTSMOUTH, OH, 45662-4807
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $217K
- **Rent:** $27K
- **Utilities:** $27K
- **Jobs reported:** 40
## Lender
- **Originating:** Pathways Financial CU
- **Servicing:** Pathways Financial CU (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*