# PPP loan: RAINIER WOOD RECYCLERS, INC.
> **$351K** approved 04/15/2020 · Paid in Full · Loan `2061187201`
## Borrower
- **Name:** RAINIER WOOD RECYCLERS, INC.
- **Address:** 117115 SE 270 PL., SUITE #106, COVINGTON WA 98042, RAVENSDALE, WA, 98051
- **NAICS:** 321999
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $355K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $351K
- **Jobs reported:** 22
## Lender
- **Originating:** Kitsap Bank
- **Servicing:** Kitsap Bank (WA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*