# PPP loan: RASTA FOODS
> **$662K** approved 04/30/2020 · Exemption 4 · Loan `7838557306`
## Borrower
- **Name:** RASTA FOODS
- **Address:** 407 Cabot St., Beverly, MA, 01915
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $662K
- **Initial approval:** $662K
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $662K
- **Jobs reported:** 47
## Lender
- **Originating:** Kabbage, Inc.
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*