# PPP loan: PORTLAND MOTOR PARTS INC
> **$319K** approved 04/08/2020 · Paid in Full · Loan `8139847000`
## Borrower
- **Name:** PORTLAND MOTOR PARTS INC
- **Address:** 401 N MERIDIAN ST, PORTLAND, IN, 47371-1907
- **NAICS:** 423120
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $319K
- **Initial approval:** $329K
- **Forgiven:** $321K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $319K
- **Jobs reported:** 36
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*