# PPP loan: TIMBERWORKS BUILDING CONTRACTORS
> **$170K** approved 04/15/2020 · Paid in Full · Loan `8213237102`
## Borrower
- **Name:** TIMBERWORKS BUILDING CONTRACTORS
- **Address:** 4025A Brommer Street, SANTA CRUZ, CA, 95062
- **NAICS:** 238390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $127K
- **Rent:** $21K
- **Utilities:** $21K
- **Jobs reported:** 19
## Lender
- **Originating:** Santa Cruz County Bank
- **Servicing:** Santa Cruz County Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*