PORTER INC.

Summary of PPP (Paycheck Protection Program) Loan approved to PORTER INC. by First Merchants Bank. The loan was approved on 4/15/2020 in the range of $5-10 million.

Business Information

Name:

PORTER INC.

2200 W MONROE ST PO BOX 1003
DECATUR, IN 46733
Business type: Subchapter S Corporation
Transportation Equipment Manufacturing
→ Ship Building and Repairing
Non-profit: No
Loan amount: $5-10 million
(50 Jobs retained)
Date approved: April 15, 2020
Lender First Merchants Bank

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.