# PPP loan: RITE WAY FLOORING INC
> **$249K** approved 04/16/2020 · Paid in Full · Loan `2301367207`
## Borrower
- **Name:** RITE WAY FLOORING INC
- **Address:** 13933 OAKS AVE, CHINO, CA, 91710-7011
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Utilities:** $25K
- **Health care:** $25K
- **Jobs reported:** 8
## Lender
- **Originating:** Chino Commercial Bank, N.A.
- **Servicing:** Chino Commercial Bank, N.A. (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*