Rasmussen Iron Works, Inc.

$550,000 PPP Loan in Whittier, California

Loan Details

Loan Number
1615567206
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$550,000
Current Approval
$550,000
Forgiveness Amount
$552,953
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rasmussen Iron Works, Inc.
Address
12028 Philadelphia
ZIP Code
90601-3925
Business Type
Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$17.3M
Rural/Urban
Urban
Congressional District
CA-38

Loan Use Breakdown

Payroll
$482,800
Rent
$45,000
Utilities
$22,200

Lender Information

Servicing Lender
First Pacific Bank
Originating Lender
First Pacific Bank

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