# PPP loan: RAK PORCELAIN USA
> **$390K** approved 04/28/2020 · Paid in Full · Loan `9498557210`
## Borrower
- **Name:** RAK PORCELAIN USA
- **Address:** 595 ROUTE 25A STE 17, MILLER PLACE, NY, 11764-2647
- **NAICS:** 327110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $390K
- **Initial approval:** $390K
- **Forgiven:** $394K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $390K
- **Jobs reported:** 27
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*