# PPP loan: RABCO PAYROLL SERVICES, INC.
> **$459K** approved 04/07/2020 · Paid in Full · Loan `7172367006`
## Borrower
- **Name:** RABCO PAYROLL SERVICES, INC.
- **Address:** 2234 E. COLORADO BLVD, PASADENA, CA, 91107-3608
- **NAICS:** 541214
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $459K
- **Initial approval:** $459K
- **Forgiven:** $464K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $459K
- **Jobs reported:** 41
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*