# PPP loan: MACADAM FORBES INC
> **$681K** approved 04/27/2020 · Paid in Full · Loan `6070897202`
## Borrower
- **Name:** MACADAM FORBES INC
- **Address:** 1800 SW 1st Ave, PORTLAND, OR, 97201
- **NAICS:** 531210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $681K
- **Initial approval:** $681K
- **Forgiven:** $689K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $511K
- **Utilities:** $170K
- **Jobs reported:** 24
## 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*