# PPP loan: FERRARI ENTERPRISES, INC.
> **$212K** approved 04/08/2020 · Paid in Full · Loan `8676127002`
## Borrower
- **Name:** FERRARI ENTERPRISES, INC.
- **Address:** 5031 SE Jenne Road, PORTLAND, OR, 97236-1603
- **NAICS:** 237110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $212K
- **Initial approval:** $212K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $212K
- **Jobs reported:** 10
## Lender
- **Originating:** OnPoint Community Credit Union
- **Servicing:** OnPoint Community Credit Union (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*