# PPP loan: LA MERDE CLOTHING INC
> **$156K** approved 04/07/2020 · Paid in Full · Loan `7255607001`
## Borrower
- **Name:** LA MERDE CLOTHING INC
- **Address:** 1029 SW HARVEY MILK ST, PORTLAND, OR, 97205-2606
- **NAICS:** 448190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $156K
- **Jobs reported:** 17
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*