# PPP loan: WIMMER EXCAVATING INC.
> **$526K** approved 07/21/2020 · Charged Off · Loan `6344028106`
## Borrower
- **Name:** WIMMER EXCAVATING INC.
- **Address:** 3744 RUSSELL RD, GRANTS PASS, OR, 97526-9731
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $526K
- **Initial approval:** $526K
- **Forgiven:** $220K (42%)
- **Forgiveness date:** 07/03/2023
- **Status:** Charged Off
- **Term:** 20 months
## Use of funds
- **Payroll:** $526K
- **Jobs reported:** 7
## 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*