# PPP loan: PORTER AND SAIL, INC.
> **$312K** approved 04/13/2020 · Charged Off · Loan `4283317110`
## Borrower
- **Name:** PORTER AND SAIL, INC.
- **Address:** 60 Broad Street Suite 2401, NEW YORK, NY, 10004-2305
- **NAICS:** 561599
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $284K (91%)
- **Forgiveness date:** 05/21/2021
- **Status:** Charged Off
- **Term:** — months
## Use of funds
- **Payroll:** $312K
- **Jobs reported:** 10
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*