# PPP loan: COMMENCEMENT BAY CORRUGATED, INC.
> **$2.56M** approved 04/11/2020 · Paid in Full · Loan `3552707103`
## Borrower
- **Name:** COMMENCEMENT BAY CORRUGATED, INC.
- **Address:** 13414 142nd Ave E, ORTING, WA, 98360-9560
- **NAICS:** 322211
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.56M
- **Initial approval:** $2.56M
- **Forgiven:** $2.59M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.56M
- **Jobs reported:** 167
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*