# PPP loan: ST RENT-IT
> **$256K** approved 04/10/2020 · Paid in Full · Loan `1992057103`
## Borrower
- **Name:** ST RENT-IT
- **Address:** 2081 FIRST ST #200, SIMI VALLEY, CA, 93065-2819
- **NAICS:** 532120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Rent:** $44K
- **Utilities:** $6K
- **Health care:** $16K
- **Jobs reported:** 20
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*