# PPP loan: RMG SUNSET, INC.
> **$590K** approved 04/07/2020 · Exemption 4 · Loan `7654557007`
## Borrower
- **Name:** RMG SUNSET, INC.
- **Address:** 8272 W SUNSET BLVD STE D, WEST HOLLYWOOD, CA, 90046-2416
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $590K
- **Initial approval:** $590K
- **Forgiven:** $571K (97%)
- **Forgiveness date:** 10/04/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $476K
- **Rent:** $11K
- **Utilities:** $5K
- **Health care:** $99K
- **Jobs reported:** 37
## 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*