# PPP loan: CHEHALIS VALLEY TIMBER INC
> **$512K** approved 03/13/2021 · Paid in Full · Loan `1884448602`
## Borrower
- **Name:** CHEHALIS VALLEY TIMBER INC
- **Address:** 149 Schafer Boom Rd, Montesano, WA, 98563-9507
- **NAICS:** 113310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $512K
- **Initial approval:** $512K
- **Forgiven:** $517K (101%)
- **Forgiveness date:** 03/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $512K
- **Jobs reported:** 33
## Lender
- **Originating:** Timberland Bank
- **Servicing:** Timberland Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*