# PPP loan: ROMTEC UTILITIES
> **$606K** approved 04/06/2020 · Paid in Full · Loan `6363117010`
## Borrower
- **Name:** ROMTEC UTILITIES
- **Address:** 18240 North Bank Road, ROSEBURG, OR, 97470-8416
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $606K
- **Initial approval:** $606K
- **Forgiven:** $612K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $550K
- **Rent:** $13K
- **Utilities:** $3K
- **Health care:** $40K
- **Jobs reported:** 24
## 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*