# PPP loan: LAURELWOOD RESTURANTS INC
> **$252K** approved 04/07/2020 · Paid in Full · Loan `6465067009`
## Borrower
- **Name:** LAURELWOOD RESTURANTS INC
- **Address:** 5115 NE SANDY BLVD, PORTLAND, OR, 97213-2525
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $236K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $252K
- **Jobs reported:** 48
## Lender
- **Originating:** Summit Bank
- **Servicing:** Summit Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*