# PPP loan: IRON HORSE LOGGING, INC
> **$624K** approved 04/11/2020 · Paid in Full · Loan `2946977101`
## Borrower
- **Name:** IRON HORSE LOGGING, INC
- **Address:** 7470 MAPLE CREEK RD PO Box 13, WESTLAKE, OR, 97493-9712
- **NAICS:** 113310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $624K
- **Initial approval:** $624K
- **Forgiven:** $629K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $565K
- **Rent:** $8K
- **Utilities:** $1K
- **Health care:** $48K
- **Debt interest:** $2K
- **Jobs reported:** 53
## Lender
- **Originating:** Oregon Pacific Banking Company dba Oregon Pacific Bank
- **Servicing:** Oregon Pacific Banking Company dba Oregon Pacific Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*