# PPP loan: SWEED MACHINERY INC.
> **$757K** approved 01/30/2021 · Paid in Full · Loan `8728098310`
## Borrower
- **Name:** SWEED MACHINERY INC.
- **Address:** 653 2nd Ave, Gold Hill, OR, 97525-5500
- **NAICS:** 333243
- **Business type:** Joint Venture
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $757K
- **Initial approval:** $757K
- **Forgiven:** $762K (101%)
- **Forgiveness date:** 10/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $757K
- **Utilities:** $1
- **Jobs reported:** 53
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*