# PPP loan: PONDEROSA PACIFIC INCORPORATED
> **$437K** approved 04/29/2020 · Paid in Full · Loan `2803427310`
## Borrower
- **Name:** PONDEROSA PACIFIC INCORPORATED
- **Address:** 22013 W Bostian Rd, Woodinville, WA, 98072
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $437K
- **Initial approval:** $437K
- **Forgiven:** $442K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $327K
- **Mortgage interest:** $55K
- **Utilities:** $55K
- **Jobs reported:** 26
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Square Capital, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*