# PPP loan: BRIDGEWAY RECOVERY SERVICES INC
> **$1.42M** approved 04/08/2020 · Paid in Full · Loan `8048757002`
## Borrower
- **Name:** BRIDGEWAY RECOVERY SERVICES INC
- **Address:** 3325 HAROLD DR NE, SALEM, OR, 97305-1339
- **NAICS:** 623220
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.30M
- **Mortgage interest:** $90K
- **Utilities:** $25K
- **Jobs reported:** 128
## Lender
- **Originating:** Peoples Bank of Commerce
- **Servicing:** Peoples Bank of Commerce (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*