# PPP loan: RUBBER ENGINEERING & DEVELOPMENT CO, INC.
> **$239K** approved 04/15/2020 · Paid in Full · Loan `1530307210`
## Borrower
- **Name:** RUBBER ENGINEERING & DEVELOPMENT CO, INC.
- **Address:** 3000 ARROWHEAD DR, CARSON CITY, NV, 89706-0482
- **NAICS:** 326291
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Rent:** $40K
- **Utilities:** $5K
- **Health care:** $5K
- **Jobs reported:** 29
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*