# PPP loan: VILLALOBOS COMPANY
> **$284K** approved 02/02/2021 · Paid in Full · Loan `1459988403`
## Borrower
- **Name:** VILLALOBOS COMPANY
- **Address:** 2628 Happy Valley Way SE, Salem, OR, 97317-8939
- **NAICS:** 236118
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $284K
- **Initial approval:** $284K
- **Forgiven:** $288K (102%)
- **Forgiveness date:** 08/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $284K
- **Jobs reported:** 15
## Lender
- **Originating:** Marion & Polk Schools CU
- **Servicing:** Marion & Polk Schools CU (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*