ALBANY & EASTERN RAILROAD COMPANY (OR) - 2020 PPP Loan Borrower Profile (# 1788178506)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBANY & EASTERN RAILROAD COMPANY. 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

1788178506

SBA Office Code

1086

Processing Method

PPS

Curent Loan Amount

$300,465

Date Loan was Approved

Feb 19, 2021

Amount Forgiven

$302,342.91

Date Loan was Forgiven

Oct 6, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

300,465

Lender

Washington Federal Bank d/b/a WaFd Bank

Business Detail

Business Type

Corporation

NAICS

482112

Borrower Location

Lebanon, OR

Project Location

Lebanon, OR

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.