# PPP loan: ROSSBERG & ROSSBERG INC.
> **$541K** approved 04/28/2020 · Paid in Full · Loan `8064577203`
## Borrower
- **Name:** ROSSBERG & ROSSBERG INC.
- **Address:** 1341 EL Prado Ave, Torrance, CA, 90501
- **NAICS:** 311811
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $541K
- **Initial approval:** $541K
- **Forgiven:** $546K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $520K
- **Utilities:** $21K
- **Jobs reported:** 103
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*