# PPP loan: R&L AUTOS, INC.
> **$490K** approved 04/16/2020 · Paid in Full · Loan `2331487209`
## Borrower
- **Name:** R&L AUTOS, INC.
- **Address:** 2329 US HIGHWAY 86, IMPERIAL, CA, 92251-9780
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $490K
- **Initial approval:** $490K
- **Forgiven:** $493K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $490K
- **Jobs reported:** 28
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*