# PPP loan: PACIFIC HARDWOOD CO.
> **$496K** approved 04/08/2020 · Paid in Full · Loan `8098087000`
## Borrower
- **Name:** PACIFIC HARDWOOD CO.
- **Address:** 2202 NORTH PACIFIC ST, ORANGE, CA, 92865-2616
- **NAICS:** 321918
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $496K
- **Initial approval:** $542K
- **Forgiven:** $501K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $24K
- **Rent:** $52K
- **Mortgage interest:** $337K
- **Health care:** $33K
- **Debt interest:** $50K
- **Jobs reported:** 28
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*