# PPP loan: RAZCKLES INC.
> **$305K** approved 04/06/2020 · Paid in Full · Loan `5802447002`
## Borrower
- **Name:** RAZCKLES INC.
- **Address:** 501 NORTH 8TH ST, LOMPOC, CA, 93436-4919
- **NAICS:** 811121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $305K
- **Initial approval:** $305K
- **Forgiven:** $308K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Rent:** $37K
- **Mortgage interest:** $2K
- **Utilities:** $8K
- **Health care:** $22K
- **Jobs reported:** 29
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*