# PPP loan: RAKU GOURMET INC
> **$155K** approved 05/18/2020 · Paid in Full · Loan `8325777410`
## Borrower
- **Name:** RAKU GOURMET INC
- **Address:** 521 La Cienega Boulevard, West Hollywood, CA, 90048
- **NAICS:** 721199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $133K (86%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $116K
- **Rent:** $19K
- **Utilities:** $19K
- **Jobs reported:** 19
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*