# PPP loan: RUMI SIMONE INC.
> **$198K** approved 01/25/2021 · Paid in Full · Loan `5650198300`
## Borrower
- **Name:** RUMI SIMONE INC.
- **Address:** 345 1st St Ste 107, Lake Oswego, OR, 97034-3265
- **NAICS:** 812199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 06/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $198K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*