# PPP loan: CORROSION COMPANIES INC
> **$166K** approved 04/14/2020 · Paid in Full · Loan `6410987104`
## Borrower
- **Name:** CORROSION COMPANIES INC
- **Address:** 3725 GRANT ST, WASHOUGAL, WA, 98671-2808
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Rent:** $13K
- **Utilities:** $5K
- **Health care:** $7K
- **Jobs reported:** 20
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*