# PPP loan: BAYAN ENTERPRISES
> **$270K** approved 03/12/2021 · Paid in Full · Loan `1177138604`
## Borrower
- **Name:** BAYAN ENTERPRISES
- **Address:** 1455 20th St SE, Salem, OR, 97302-1208
- **NAICS:** 532490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 03/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $270K
- **Utilities:** $1
- **Jobs reported:** 39
## Lender
- **Originating:** Pioneer Trust Bank, National Association
- **Servicing:** Pioneer Trust Bank, National Association (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*