# PPP loan: R&M PACIFIC RIM, INC.
> **$1.29M** approved 04/07/2020 · Paid in Full · Loan `6993527009`
## Borrower
- **Name:** R&M PACIFIC RIM, INC.
- **Address:** 14251 FIRESTONE BLVD., #210, LA MIRADA, CA, 90638-5525
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.29M
- **Initial approval:** $1.29M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $970K
- **Rent:** $141K
- **Mortgage interest:** $98K
- **Utilities:** $85K
- **Jobs reported:** 226
## Lender
- **Originating:** Open Bank
- **Servicing:** Open Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*