# PPP loan: RAD URBAN INC.
> **$3.08M** approved 04/27/2020 · Exemption 4 · Loan `3512057202`
## Borrower
- **Name:** RAD URBAN INC.
- **Address:** 5110 Telegraph Avenue, OAKLAND, CA, 94609-1971
- **NAICS:** 531120
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $3.08M
- **Initial approval:** $3.08M
- **Forgiven:** $1.64M (53%)
- **Forgiveness date:** 04/19/2022
- **Status:** Exemption 4
- **Term:** 2 months
## Use of funds
- **Payroll:** $3.08M
- **Jobs reported:** 52
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*