# PPP loan: R.L. RAFFALDT INC
> **$217K** approved 02/01/2021 · Paid in Full · Loan `1084588404`
## Borrower
- **Name:** R.L. RAFFALDT INC
- **Address:** 674B Flicker St, Concord, NC, 28027-4068
- **NAICS:** 484220
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 01/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $217K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*