# PPP loan: RIPE VAPES, INC
> **$270K** approved 04/13/2020 · Paid in Full · Loan `5699777106`
## Borrower
- **Name:** RIPE VAPES, INC
- **Address:** 591 CONSTITUTION AVE Ste. D, CAMARILLO, CA, 93012-8510
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Rent:** $23K
- **Utilities:** $3K
- **Health care:** $19K
- **Jobs reported:** 15
## 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*