# PPP loan: PORTLAND CONSTRUCTION COMPANY, LLC
> **$265K** approved 04/07/2020 · Paid in Full · Loan `6520047007`
## Borrower
- **Name:** PORTLAND CONSTRUCTION COMPANY, LLC
- **Address:** 1410 SE Cortina Drive Suite 103, ANKENY, IA, 50021-3902
- **NAICS:** 237310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $5K
- **Utilities:** $400
- **Jobs reported:** 24
## Lender
- **Originating:** Charter Bank
- **Servicing:** Charter Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*