# PPP loan: R.L. NIELLO COMPANY INC
> **$1.22M** approved 04/27/2020 · Paid in Full · Loan `4988317208`
## Borrower
- **Name:** R.L. NIELLO COMPANY INC
- **Address:** 2701 Arden Way, SACRAMENTO, CA, 95825-1366
- **NAICS:** 423110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.10M
- **Rent:** $90K
- **Utilities:** $28K
- **Jobs reported:** 89
## Lender
- **Originating:** Five Star Bank
- **Servicing:** Five Star Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*