# PPP loan: ABILITY PLUS DRAINAGE CO
> **$224K** approved 05/01/2020 · Paid in Full · Loan `8325307703`
## Borrower
- **Name:** ABILITY PLUS DRAINAGE CO
- **Address:** 1725 FRANKLIN ST SE, PORTLAND, OR, 97202
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 26
## 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*