# PPP loan: RIK RAK SALON, INC
> **$375K** approved 04/12/2020 · Paid in Full · Loan `3982187102`
## Borrower
- **Name:** RIK RAK SALON, INC
- **Address:** 1428 BRICKELL AVENUE STE 100, MIAMI, FL, 33131-3406
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $379K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $281K
- **Utilities:** $94K
- **Jobs reported:** 39
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*