# PPP loan: PORTOLANO PRODUCTS INC
> **$213K** approved 04/28/2020 · Paid in Full · Loan `9053867206`
## Borrower
- **Name:** PORTOLANO PRODUCTS INC
- **Address:** 519 Eighth Ave,, NEW YORK, NY, 10018
- **NAICS:** 424330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Utilities:** $53K
- **Jobs reported:** 14
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*