# PPP loan: EVERGREEN ENGINEERING, INC.
> **$1.50M** approved 04/05/2020 · Paid in Full · Loan `5497517002`
## Borrower
- **Name:** EVERGREEN ENGINEERING, INC.
- **Address:** 1740 Willow Creek Circle, EUGENE, OR, 97402-9152
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.26M
- **Rent:** $58K
- **Utilities:** $15K
- **Health care:** $167K
- **Jobs reported:** 80
## Lender
- **Originating:** Oregon Pacific Banking Company dba Oregon Pacific Bank
- **Servicing:** Oregon Pacific Banking Company dba Oregon Pacific Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*