# PPP loan: RIPPLEFFECT INC.
> **$196K** approved 01/27/2021 · Paid in Full · Loan `6790348304`
## Borrower
- **Name:** RIPPLEFFECT INC.
- **Address:** 159 State St, 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:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $196K
- **Utilities:** $1
- **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*