# PPP loan: RNC MBA INC
> **$327K** approved 03/10/2021 · Paid in Full · Loan `8615838507`
## Borrower
- **Name:** RNC MBA INC
- **Address:** 4801 Truxtun Ave, Bakersfield, CA, 93309-0605
- **NAICS:** 621610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $330K (101%)
- **Forgiveness date:** 01/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $327K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Valley Strong CU
- **Servicing:** Valley Strong CU (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*