# PPP loan: ROSENDO VALENCIA INC.
> **$353K** approved 04/12/2020 · Paid in Full · Loan `3798197105`
## Borrower
- **Name:** ROSENDO VALENCIA INC.
- **Address:** 321 N Quarantina Street, Santa Barbara, CA, 93103-3228
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $353K
- **Initial approval:** $353K
- **Forgiven:** $357K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $352K
- **Utilities:** $880
- **Jobs reported:** 20
## Lender
- **Originating:** American Riviera Bank
- **Servicing:** American Riviera Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*