# PPP loan: RAOUL TEXTILES INC
> **$170K** approved 05/03/2020 · Paid in Full · Loan `5980527702`
## Borrower
- **Name:** RAOUL TEXTILES INC
- **Address:** 110 LOS AGUAJES AVE, SANTA BARBARA, CA, 93101-3818
- **NAICS:** 323113
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $170K
- **Initial approval:** $174K
- **Forgiven:** $169K (99%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Jobs reported:** 18
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*