# PPP loan: RKT, INC
> **$1.60M** approved 04/03/2020 · Paid in Full · Loan `4442147007`
## Borrower
- **Name:** RKT, INC
- **Address:** 901 N. Monte Vista, ADA, OK, 74820
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.68M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.44M
- **Utilities:** $160K
- **Jobs reported:** 500
## Lender
- **Originating:** Vision Bank
- **Servicing:** Vision Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*