# PPP loan: RAINBOW ACRES
> **$895K** approved 05/01/2020 · Paid in Full · Loan `8465957309`
## Borrower
- **Name:** RAINBOW ACRES
- **Address:** 13208 W WASHINGTON BLVD, LOS ANGELES, CA, 90066-5106
- **NAICS:** 445299
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $895K
- **Initial approval:** $895K
- **Forgiven:** $906K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $723K
- **Rent:** $123K
- **Utilities:** $23K
- **Health care:** $26K
- **Jobs reported:** 102
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*