# PPP loan: RESTED DEVELOPMENT INC
> **$211K** approved 03/18/2021 · Paid in Full · Loan `4426468604`
## Borrower
- **Name:** RESTED DEVELOPMENT INC
- **Address:** 340 E Olive St, Newport, OR, 97365-2947
- **NAICS:** 442299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $211K
- **Initial approval:** $211K
- **Forgiven:** $212K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $210K
- **Utilities:** $1
- **Jobs reported:** 25
## 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*