# PPP loan: SALEM SLEEP MEDICINE, P.C.
> **$238K** approved 04/07/2020 · Paid in Full · Loan `7050957008`
## Borrower
- **Name:** SALEM SLEEP MEDICINE, P.C.
- **Address:** 1395 COMMERCIAL ST SE, SALEM, OR, 97302-4205
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $178K
- **Utilities:** $59K
- **Jobs reported:** 19
## Lender
- **Originating:** Willamette Valley Bank
- **Servicing:** Willamette Valley Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*