# PPP loan: WESTERN ABRASIVES INC.
> **$164K** approved 02/12/2021 · Paid in Full · Loan `8075628403`
## Borrower
- **Name:** WESTERN ABRASIVES INC.
- **Address:** 1170 NE 63rd Ave, Portland, OR, 97213-4902
- **NAICS:** 327910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $164K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*