# PPP loan: PORT ELECTRONICS CORPORA
> **$209K** approved 01/29/2021 · Paid in Full · Loan `8287068305`
## Borrower
- **Name:** PORT ELECTRONICS CORPORA
- **Address:** 60 Island St Ste 306, Lawrence, MA, 01840-1835
- **NAICS:** 423690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $211K (101%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $209K
- **Utilities:** $1
- **Jobs reported:** 9
## 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*