# PPP loan: R@STATE INC.
> **$374K** approved 03/12/2021 · Paid in Full · Loan `9533728510`
## Borrower
- **Name:** R@STATE INC.
- **Address:** 3940 State St, Santa Barbara, CA, 93105-3114
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $374K
- **Initial approval:** $374K
- **Forgiven:** $378K (101%)
- **Forgiveness date:** 04/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $374K
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** SMBC MANUBANK
- **Servicing:** SMBC MANUBANK (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*