# PPP loan: RAB OF LA, INC.
> **$1.59M** approved 04/11/2020 · Paid in Full · Loan `2991807106`
## Borrower
- **Name:** RAB OF LA, INC.
- **Address:** 6605 Cypress Street, WEST MONROE, LA, 71291-1304
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.59M
- **Jobs reported:** 115
## Lender
- **Originating:** Progressive Bank
- **Servicing:** Progressive Bank (LA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*