# PPP loan: MVR TIMBER CUTTING, INC.
> **$482K** approved 04/07/2020 · Paid in Full · Loan `6901377005`
## Borrower
- **Name:** MVR TIMBER CUTTING, INC.
- **Address:** 12028 Dream St SW, OLYMPIA, WA, 98512-1074
- **NAICS:** 113310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $482K
- **Initial approval:** $482K
- **Forgiven:** $485K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $482K
- **Jobs reported:** 24
## Lender
- **Originating:** Timberland Bank
- **Servicing:** Timberland Bank (WA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*