# PPP loan: METRO PRESORT, INC.
> **$321K** approved 04/14/2020 · Paid in Full · Loan `6453607106`
## Borrower
- **Name:** METRO PRESORT, INC.
- **Address:** 3506 NW 35th Ave, PORTLAND, OR, 97210-1640
- **NAICS:** 491110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $321K
- **Initial approval:** $321K
- **Forgiven:** $325K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $287K
- **Rent:** $30K
- **Mortgage interest:** $4K
- **Jobs reported:** 41
## Lender
- **Originating:** Bank of the Pacific
- **Servicing:** Bank of the Pacific (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*