# PPP loan: RITZ PROPERTIES INC.
> **$183K** approved 04/07/2020 · Paid in Full · Loan `6479977001`
## Borrower
- **Name:** RITZ PROPERTIES INC.
- **Address:** 3660 Wilshire Blvd, LOS ANGELES, CA, 90010-2387
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $137K
- **Rent:** $46K
- **Jobs reported:** 21
## Lender
- **Originating:** Commercial Bank of California
- **Servicing:** Commercial Bank of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*