# PPP loan: W. B. SPRAGUE COMPANY, INC.
> **$4.53M** approved 04/27/2020 · Exemption 4 · Loan `5770517200`
## Borrower
- **Name:** W. B. SPRAGUE COMPANY, INC.
- **Address:** 2725 Pacific Ave, TACOMA, WA, 98402-2810
- **NAICS:** 561710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.53M
- **Initial approval:** $4.53M
- **Forgiven:** $3.88M (86%)
- **Forgiveness date:** 03/08/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $4.53M
- **Jobs reported:** 302
## 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*