# PPP loan: JRAK, INC
> **$394K** approved 04/10/2020 · Paid in Full · Loan `2544347108`
## Borrower
- **Name:** JRAK, INC
- **Address:** 2660 Via De La Valle, DEL MAR, CA, 92014-1904
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $396K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Rent:** $81K
- **Utilities:** $11K
- **Health care:** $7K
- **Jobs reported:** 74
## Lender
- **Originating:** CalPrivate Bank
- **Servicing:** CalPrivate Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*