# PPP loan: R C FOSTER CORPORATION
> **$730K** approved 04/04/2020 · Paid in Full · Loan `4598987008`
## Borrower
- **Name:** R C FOSTER CORPORATION
- **Address:** 264 Corporate Terrace, CORONA, CA, 92879-6001
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $730K
- **Initial approval:** $730K
- **Forgiven:** $738K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $695K
- **Rent:** $32K
- **Utilities:** $3K
- **Jobs reported:** 28
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*