# PPP loan: KLAMATH BASIN EQUIPMENT INC.
> **$676K** approved 03/25/2021 · Paid in Full · Loan `8820098607`
## Borrower
- **Name:** KLAMATH BASIN EQUIPMENT INC.
- **Address:** 4305 Highway 39, Klamath Falls, OR, 97603-9617
- **NAICS:** 423820
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $676K
- **Initial approval:** $676K
- **Forgiven:** $682K (101%)
- **Forgiveness date:** 02/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $676K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*