1ST CHOICE CONTRACTING INC (OR) - 2020 PPP Loan Borrower Profile (# 1215928400)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST CHOICE CONTRACTING INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Oregon.

Loan Detail

Loan Number

1215928400

SBA Office Code

1086

Processing Method

PPP

Curent Loan Amount

$280,865

Date Loan was Approved

Feb 1, 2021

Amount Forgiven

$284,087.15

Date Loan was Forgiven

Apr 4, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

280,863

Lender

Itria Ventures LLC

Business Detail

Business Type

Subchapter S Corporation

NAICS

115310

Borrower Location

SALEM, OR

Project Location

SALEM, OR

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.