# PPP loan: R. L. SMITH LOGGING, INC.
> **$559K** approved 04/14/2020 · Paid in Full · Loan `7610037100`
## Borrower
- **Name:** R. L. SMITH LOGGING, INC.
- **Address:** 14612 State Route 8 W, Olympia, WA, 98502-9447
- **NAICS:** 113310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $559K
- **Initial approval:** $559K
- **Forgiven:** $563K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $559K
- **Jobs reported:** 31
## Lender
- **Originating:** WCLA CU
- **Servicing:** WCLA CU (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*