# PPP loan: RIPPLEFFECT, INC.
> **$196K** approved 04/05/2020 · Paid in Full · Loan `5357487004`
## Borrower
- **Name:** RIPPLEFFECT, INC.
- **Address:** 159 State Street, PORTLAND, ME, 04101-3701
- **NAICS:** 813219
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $151K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 7
## Lender
- **Originating:** Gorham Savings Bank
- **Servicing:** Gorham Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*