# PPP loan: RICE PACKAGING INC
> **$800K** approved 01/23/2021 · Paid in Full · Loan `4512398309`
## Borrower
- **Name:** RICE PACKAGING INC
- **Address:** 356 Somers Rd, Ellington, CT, 06029-2628
- **NAICS:** 322219
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $800K
- **Initial approval:** $800K
- **Forgiven:** $808K (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $800K
- **Utilities:** $1
- **Jobs reported:** 54
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*