# PPP loan: ARCATA FOREST PRODUCTS
> **$345K** approved 04/14/2020 · Paid in Full · Loan `7506707100`
## Borrower
- **Name:** ARCATA FOREST PRODUCTS
- **Address:** 105 ALDER GROVE RD, ARCATA, CA, 95521
- **NAICS:** 423310
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $700K
- **Forgiven:** $348K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $345K
- **Jobs reported:** 42
## Lender
- **Originating:** Redwood Capital Bank
- **Servicing:** Redwood Capital Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*