# PPP loan: WESTERN PALLET INC.
> **$363K** approved 02/08/2021 · Paid in Full · Loan `5340528406`
## Borrower
- **Name:** WESTERN PALLET INC.
- **Address:** 3575 Blossom Dr NE, Salem, OR, 97305-1717
- **NAICS:** 321920
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $363K
- **Initial approval:** $363K
- **Forgiven:** $367K (101%)
- **Forgiveness date:** 04/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $362K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Pioneer Trust Bank, National Association
- **Servicing:** Pioneer Trust Bank, National Association (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*