# PPP loan: S. PORATH INC.
> **$360K** approved 03/20/2021 · Paid in Full · Loan `5878098606`
## Borrower
- **Name:** S. PORATH INC.
- **Address:** 3101 Tuxedo Ave, West Palm Beach, FL, 33405-1033
- **NAICS:** 337110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $360K
- **Initial approval:** $360K
- **Forgiven:** $364K (101%)
- **Forgiveness date:** 05/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $360K
- **Jobs reported:** 28
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*