# PPP loan: PORTER MACHINE INC
> **$215K** approved 04/07/2020 · Paid in Full · Loan `6988727005`
## Borrower
- **Name:** PORTER MACHINE INC
- **Address:** 765 VICTORY HWY, WEST GREENWICH, RI, 02817-2111
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $215K
- **Initial approval:** $215K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $215K
- **Jobs reported:** 25
## Lender
- **Originating:** Bank Rhode Island
- **Servicing:** Bank Rhode Island (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*