# PPP loan: PORTAGE INDUSTRIES INC
> **$426K** approved 02/12/2021 · Paid in Full · Loan `7993368402`
## Borrower
- **Name:** PORTAGE INDUSTRIES INC
- **Address:** 7008 State Route 88, Ravenna, OH, 44266-9188
- **NAICS:** 624310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $426K
- **Initial approval:** $426K
- **Forgiven:** $429K (101%)
- **Forgiveness date:** 11/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $426K
- **Utilities:** $1
- **Jobs reported:** 157
## Lender
- **Originating:** Hometown Bank
- **Servicing:** Hometown Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*