# PPP loan: GEOTECHNICAL RESOURCES, INC.
> **$1.07M** approved 04/28/2020 · Paid in Full · Loan `9466767209`
## Borrower
- **Name:** GEOTECHNICAL RESOURCES, INC.
- **Address:** 9750 SW NIMBUS AVE, Portland, OR, 97008-7172
- **NAICS:** 541380
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Rent:** $133K
- **Utilities:** $133K
- **Jobs reported:** 49
## Lender
- **Originating:** Oregonians CU
- **Servicing:** Oregonians CU (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*