# PPP loan: PEARSON METAL SALVAGE, INC
> **$195K** approved 04/27/2020 · Paid in Full · Loan `3740577207`
## Borrower
- **Name:** PEARSON METAL SALVAGE, INC
- **Address:** 10403 Portland Ave, Tacoma, WA, 98445-5239
- **NAICS:** 423930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Jobs reported:** 16
## 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*