# PPP loan: RUGGED RACE PRODUCTS INC
> **$483K** approved 05/01/2020 · Paid in Full · Loan `6575517700`
## Borrower
- **Name:** RUGGED RACE PRODUCTS INC
- **Address:** 951 E Grand Ave, Arroyo Grande, CA, 93420
- **NAICS:** 441310
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $483K
- **Initial approval:** $483K
- **Forgiven:** $452K (94%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $483K
- **Jobs reported:** 38
## 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*