# PPP loan: THIRD GENERATION PAINTING CO.
> **$288K** approved 04/07/2020 · Paid in Full · Loan `6489787007`
## Borrower
- **Name:** THIRD GENERATION PAINTING CO.
- **Address:** 2941 SUMMIT TERRACE DR, EUGENE, OR, 97405-1590
- **NAICS:** 238320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $325K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 11/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $288K
- **Jobs reported:** 32
## 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*