# PPP loan: ROBERT MORENO INSURANCE SERVICES
> **$500K** approved 04/10/2020 · Paid in Full · Loan `1615077103`
## Borrower
- **Name:** ROBERT MORENO INSURANCE SERVICES
- **Address:** 22860 SAVI RANCH PKWY, YORBA LINDA, CA, 92887-4610
- **NAICS:** 524210
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $375K
- **Rent:** $125K
- **Jobs reported:** 35
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*