# PPP loan: PORTER&#39;S EQUIPMENT RENTAL INC.
> **$250K** approved 04/29/2020 · Paid in Full · Loan `4578707302`
## Borrower
- **Name:** PORTER&#39;S EQUIPMENT RENTAL INC.
- **Address:** 27129 Calle Arroyo, San Juan Capistrano, CA, 92675-2764
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 34
## Lender
- **Originating:** CDC Small Business Finance Corporation
- **Servicing:** CDC Small Business Finance Corporation (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*