# PPP loan: SHOP RITE, INC.
> **$2.50M** approved 04/15/2020 · Exemption 4 · Loan `1031327200`
## Borrower
- **Name:** SHOP RITE, INC.
- **Address:** 115 East First St, CROWLEY, LA, 70526
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.50M
- **Initial approval:** $2.50M
- **Status:** Exemption 4
- **Term:** 54 months
## Use of funds
- **Payroll:** $2.50M
- **Jobs reported:** 473
## Lender
- **Originating:** First National Bank of Louisiana
- **Servicing:** First National Bank of Louisiana (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*