# PPP loan: RC BARAL & COMPANY, INC.
> **$450K** approved 04/05/2020 · Paid in Full · Loan `5080107002`
## Borrower
- **Name:** RC BARAL & COMPANY, INC.
- **Address:** 15821 VENTURA BLVD #500, ENCINO, CA, 91436-2418
- **NAICS:** 541211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $454K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $360K
- **Rent:** $47K
- **Health care:** $43K
- **Jobs reported:** 34
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*