ANDERSON'S EROSION CONTROL, INC. (OR) - 2020 PPP Loan Borrower Profile (# 5520817008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANDERSON'S EROSION CONTROL, 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

5520817008

SBA Office Code

1086

Processing Method

PPP

Curent Loan Amount

$560,900

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$565,387.2

Date Loan was Forgiven

Jan 28, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,832

Payroll Proced

505,148

Rent Proceed

5,950

Health Care Proceed

44,970

Lender

Oregon Pacific Banking Company dba Oregon Pacific Bank

Business Detail

Business Type

Corporation

NAICS

238990

Borrower Location

JUNCTION CITY, OR

Project Location

JUNCTION CITY, OR

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.