# PPP loan: FOLCHI LOGGING & CONSTRUCTION INC
> **$180K** approved 03/24/2021 · Paid in Full · Loan `7980558608`
## Borrower
- **Name:** FOLCHI LOGGING & CONSTRUCTION INC
- **Address:** 79017 Brae Gate Rd, Portola, CA, 96122-5214
- **NAICS:** 113310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 05/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $180K
- **Jobs reported:** 6
## Lender
- **Originating:** Plumas Bank
- **Servicing:** Plumas Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*