# PPP loan: RISING SUN FARMS INC.
> **$242K** approved 02/12/2021 · Paid in Full · Loan `7630278400`
## Borrower
- **Name:** RISING SUN FARMS INC.
- **Address:** 5126 S Pacific Hwy, Phoenix, OR, 97535-6606
- **NAICS:** 311991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $243K (100%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $242K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*