# PPP loan: OLDLAND DISTRIBUTING
> **$311K** approved 02/24/2021 · Paid in Full · Loan `3658488506`
## Borrower
- **Name:** OLDLAND DISTRIBUTING
- **Address:** 470 Ridgeway Ave, Central Point, OR, 97502-3523
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $313K (100%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $311K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*