# PPP loan: RASHMAN CORPORATION
> **$372K** approved 04/28/2020 · Paid in Full · Loan `1609627302`
## Borrower
- **Name:** RASHMAN CORPORATION
- **Address:** 8600 Wilbur Ave.,, NORTHRIDGE, CA, 91324-4438
- **NAICS:** 423450
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $372K
- **Initial approval:** $372K
- **Forgiven:** $375K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $342K
- **Health care:** $30K
- **Jobs reported:** 39
## Lender
- **Originating:** SMBC MANUBANK
- **Servicing:** SMBC MANUBANK (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*