# PPP loan: ZACH FISCHER LLC
> **$399K** approved 05/01/2020 · Charged Off · Loan `7312347700`
## Borrower
- **Name:** ZACH FISCHER LLC
- **Address:** 1124 CORNUCOPIA ST NW, SALEM, OR, 97304
- **NAICS:** —
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $399K
- **Initial approval:** $399K
- **Forgiven:** $70K (18%)
- **Forgiveness date:** 10/20/2022
- **Status:** Charged Off
- **Term:** 15 months
## Use of funds
- **Payroll:** $399K
- **Jobs reported:** 7
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*