# PPP loan: RAINIER CUSTOM HOMES
> **$179K** approved 04/14/2020 · Paid in Full · Loan `7888317106`
## Borrower
- **Name:** RAINIER CUSTOM HOMES
- **Address:** 306 Wells Ave S Ste E, RENTON, WA, 98057
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Rent:** $4K
- **Utilities:** $4K
- **Health care:** $18K
- **Jobs reported:** 11
## 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*