# PPP loan: RICEFW TECHNOLOGIES INC
> **$456K** approved 05/27/2020 · Paid in Full · Loan `3732857807`
## Borrower
- **Name:** RICEFW TECHNOLOGIES INC
- **Address:** 4295 Okemos Road, STE 102, Meridian charter Township, MI, 48864-6201
- **NAICS:** 519190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $456K
- **Initial approval:** $853K
- **Forgiven:** $462K (101%)
- **Forgiveness date:** 07/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $365K
- **Rent:** $46K
- **Utilities:** $46K
- **Jobs reported:** 35
## Lender
- **Originating:** BSD Capital, LLC dba Lendistry
- **Servicing:** Lendistry SBLC, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*