# PPP loan: FIRST RATE STAFFING CORP
> **$2.66M** approved 04/09/2020 · Paid in Full · Loan `9835927009`
## Borrower
- **Name:** FIRST RATE STAFFING CORP
- **Address:** 12150 S BLOOMFIELD AVE STE B, SANTA FE SPRINGS, CA, 90670-4744
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.66M
- **Initial approval:** $2.66M
- **Forgiven:** $2.69M (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.26M
- **Rent:** $100K
- **Utilities:** $304K
- **Jobs reported:** 300
## Lender
- **Originating:** Transportation Alliance Bank, Inc. d/b/a TAB Bank
- **Servicing:** Transportation Alliance Bank, Inc. d/b/a TAB Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*