# PPP loan: RILEY INDUSTRIAL SERVICES INC
> **$4.53M** approved 04/03/2020 · Paid in Full · Loan `4427207003`
## Borrower
- **Name:** RILEY INDUSTRIAL SERVICES INC
- **Address:** 2615 San Juan Blvd, FARMINGTON, NM, 87401-2239
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.53M
- **Initial approval:** $4.53M
- **Forgiven:** $4.59M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.45M
- **Rent:** $10K
- **Utilities:** $20K
- **Health care:** $50K
- **Jobs reported:** 210
## Lender
- **Originating:** The Citizens Bank
- **Servicing:** The Citizens Bank (NM)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*