# PPP loan: RT ENGINEERING & ASSOCIATES INC.
> **$174K** approved 02/12/2021 · Exemption 4 · Loan `7625868406`
## Borrower
- **Name:** RT ENGINEERING & ASSOCIATES INC.
- **Address:** 1901 1st Ave Ste 217G, San Diego, CA, 92101-2382
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $135K (77%)
- **Forgiveness date:** 02/09/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $174K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*