# PPP loan: PONDEROSA REFORESTATION INC.
> **$460K** approved 01/28/2021 · Paid in Full · Loan `7399338303`
## Borrower
- **Name:** PONDEROSA REFORESTATION INC.
- **Address:** 369 Oak Grove Rd, Medford, OR, 97501-2151
- **NAICS:** 115310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $460K
- **Initial approval:** $460K
- **Forgiven:** $463K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $460K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*