# PPP loan: PILOT ROCK EXCAVATION INC
> **$156K** approved 04/09/2020 · Paid in Full · Loan `9871007001`
## Borrower
- **Name:** PILOT ROCK EXCAVATION INC
- **Address:** 5 S STAGE RD, MEDFORD, OR, 97501-8729
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $5K
- **Utilities:** $2K
- **Jobs reported:** 15
## Lender
- **Originating:** Peoples Bank of Commerce
- **Servicing:** Peoples Bank of Commerce (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*