# PPP loan: PELICAN BREWING CO.
> **$1.59M** approved 03/17/2021 · Paid in Full · Loan `3960898610`
## Borrower
- **Name:** PELICAN BREWING CO.
- **Address:** 9005 Nestucca Ridge Rd, Pacific City, OR, 97135-8124
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.60M (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.59M
- **Utilities:** $1
- **Jobs reported:** 218
## Lender
- **Originating:** Washington Federal Bank d/b/a WaFd Bank
- **Servicing:** Washington Federal Bank d/b/a WaFd Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*