# PPP loan: R1 INDOOR KARTING LLC
> **$318K** approved 03/17/2021 · Paid in Full · Loan `3919828609`
## Borrower
- **Name:** R1 INDOOR KARTING LLC
- **Address:** 100 Higginson Ave, Lincoln, RI, 02865-2735
- **NAICS:** 713990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $319K (100%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $318K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** Coastal1 Credit Union
- **Servicing:** Coastal1 Credit Union (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*