# PPP loan: RACLIF MANAGEMENT INC
> **$291K** approved 05/19/2021 · Paid in Full · Loan `3631429005`
## Borrower
- **Name:** RACLIF MANAGEMENT INC
- **Address:** 1633 E Channel St, Stockton, CA, 95205-4930
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $291K
- **Initial approval:** $291K
- **Forgiven:** $293K (101%)
- **Forgiveness date:** 01/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $291K
- **Jobs reported:** 19
## Lender
- **Originating:** Mortgage Capital Development Corporation
- **Servicing:** Mortgage Capital Development Corporation (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*