# PPP loan: PORT CITY NISSAN, INC.
> **$567K** approved 04/08/2020 · Paid in Full · Loan `7763327007`
## Borrower
- **Name:** PORT CITY NISSAN, INC.
- **Address:** 120 SPAULDING TPKE, PORTSMOUTH, NH, 03801-3140
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $567K
- **Initial approval:** $525K
- **Forgiven:** $572K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $567K
- **Jobs reported:** 40
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*