# PPP loan: RAC DESIGN BUILD INC
> **$173K** approved 02/23/2021 · Paid in Full · Loan `3377108501`
## Borrower
- **Name:** RAC DESIGN BUILD INC
- **Address:** 3048 N North Coolidge Ave, Los Angeles, CA, 90039-3414
- **NAICS:** 541310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 06/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $173K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*