# PPP loan: SPRING VALLEY DAIRY INC.
> **$858K** approved 01/22/2021 · Paid in Full · Loan `4124848300`
## Borrower
- **Name:** SPRING VALLEY DAIRY INC.
- **Address:** 4310 22nd Ave NE, Salem, OR, 97301-0383
- **NAICS:** 424430
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $858K
- **Initial approval:** $858K
- **Forgiven:** $867K (101%)
- **Forgiveness date:** 02/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $858K
- **Utilities:** $1
- **Jobs reported:** 97
## 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*