# PPP loan: L.P. COMPANY INC
> **$606K** approved 01/29/2021 · Paid in Full · Loan `8521018300`
## Borrower
- **Name:** L.P. COMPANY INC
- **Address:** 1780 23rd St SE, Salem, OR, 97302-1257
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $606K
- **Initial approval:** $606K
- **Forgiven:** $612K (101%)
- **Forgiveness date:** 02/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $606K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Willamette Valley Bank
- **Servicing:** Willamette Valley Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*