# PPP loan: PORT ELEVATOR INC
> **$487K** approved 04/15/2020 · Paid in Full · Loan `9420647104`
## Borrower
- **Name:** PORT ELEVATOR INC
- **Address:** 941 Nichols Place, Williamsport, PA, 17701
- **NAICS:** 238290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $492K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $394K
- **Rent:** $12K
- **Utilities:** $4K
- **Health care:** $76K
- **Jobs reported:** 20
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*