# PPP loan: PORVEN LTD
> **$7.75M** approved 04/27/2020 · Paid in Full · Loan `3852067201`
## Borrower
- **Name:** PORVEN LTD
- **Address:** 600 STATE RT 17, RAMSEY, NJ, 07446-2017
- **NAICS:** 442210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.75M
- **Initial approval:** $7.75M
- **Forgiven:** $7.88M (102%)
- **Forgiveness date:** 01/10/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.75M
- **Jobs reported:** 420
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*