# PPP loan: PORTER RANCH CONGREGATE LIVING INC
> **$156K** approved 04/30/2020 · Charged Off · Loan `5598367309`
## Borrower
- **Name:** PORTER RANCH CONGREGATE LIVING INC
- **Address:** 11142 CHIMINEAS AVE, PORTER RANCH, CA, 91326-2507
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $56K (36%)
- **Forgiveness date:** 07/15/2021
- **Status:** Charged Off
- **Term:** 27 months
## Use of funds
- **Payroll:** $156K
- **Jobs reported:** 25
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*