# PPP loan: JENSEN DEPRETTO BUILDING MATERIALS INC
> **$280K** approved 04/06/2020 · Paid in Full · Loan `6224617007`
## Borrower
- **Name:** JENSEN DEPRETTO BUILDING MATERIALS INC
- **Address:** 620 E YOUNG ST, ELMA, WA, 98541-9357
- **NAICS:** 423390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Jobs reported:** 28
## Lender
- **Originating:** Timberland Bank
- **Servicing:** Timberland Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*