# PPP loan: TORRES CONTRACTING INC
> **$225K** approved 04/27/2020 · Paid in Full · Loan `4777447201`
## Borrower
- **Name:** TORRES CONTRACTING INC
- **Address:** 4023 Salem Industrial Dr NE, Salem, OR, 97301
- **NAICS:** 115310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Jobs reported:** 150
## 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*