# PPP loan: VAAGEN BROS LUMBER INC
> **$3.27M** approved 04/07/2020 · Paid in Full · Loan `7661737000`
## Borrower
- **Name:** VAAGEN BROS LUMBER INC
- **Address:** 565 W 5TH AVE, COLVILLE, WA, 99114-2113
- **NAICS:** 321113
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $3.27M
- **Initial approval:** $3.27M
- **Forgiven:** $3.30M (101%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.27M
- **Jobs reported:** 254
## Lender
- **Originating:** Washington Trust Bank
- **Servicing:** Washington Trust Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*