# PPP loan: ROSSBERG & ROSSBERG INC
> **$541K** approved 01/29/2021 · Paid in Full · Loan `8068558310`
## Borrower
- **Name:** ROSSBERG & ROSSBERG INC
- **Address:** 1341 El Prado Ave, Torrance, CA, 90501-2716
- **NAICS:** 445291
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $541K
- **Initial approval:** $541K
- **Forgiven:** $546K (101%)
- **Forgiveness date:** 12/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $541K
- **Utilities:** $1
- **Jobs reported:** 97
## Lender
- **Originating:** Malaga Bank FSB
- **Servicing:** Malaga Bank FSB (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*