# PPP loan: RAFCO PROPERTIES, INC.
> **$471K** approved 04/27/2020 · Paid in Full · Loan `3702587209`
## Borrower
- **Name:** RAFCO PROPERTIES, INC.
- **Address:** 770 FORSYTH BLVD STE 100, SAINT LOUIS, MO, 63105-1838
- **NAICS:** 531312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $471K
- **Initial approval:** $471K
- **Forgiven:** $476K (101%)
- **Forgiveness date:** 03/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $354K
- **Rent:** $20K
- **Mortgage interest:** $20K
- **Utilities:** $20K
- **Health care:** $20K
- **Debt interest:** $20K
- **Jobs reported:** 39
## Lender
- **Originating:** Royal Banks of Missouri
- **Servicing:** Royal Banks of Missouri (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*