# PPP loan: PORTER ASSOCIATES, INC.
> **$348K** approved 06/08/2020 · Paid in Full · Loan `9539167807`
## Borrower
- **Name:** PORTER ASSOCIATES, INC.
- **Address:** 53 OLD SANTA FE TRL, SANTA FE, NM, 87501
- **NAICS:** 448140
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $348K
- **Jobs reported:** 32
## Lender
- **Originating:** New Mexico Bank and Trust, A Division of HTLF Bank
- **Servicing:** HTLF Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*