# PPP loan: OREGON INDUCTION CORP
> **$335K** approved 02/11/2021 · Paid in Full · Loan `6974548408`
## Borrower
- **Name:** OREGON INDUCTION CORP
- **Address:** 911 NW Eastwind Dr, Troutdale, OR, 97060-9544
- **NAICS:** 332811
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $335K
- **Initial approval:** $335K
- **Forgiven:** $338K (101%)
- **Forgiveness date:** 11/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $335K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** First Interstate Bank
- **Servicing:** First Interstate Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*