# PPP loan: RIEDON INC.
> **$775K** approved 03/18/2021 · Paid in Full · Loan `4624208608`
## Borrower
- **Name:** RIEDON INC.
- **Address:** 300 Cypress Ave, Alhambra, CA, 91801-3001
- **NAICS:** 334416
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $775K
- **Initial approval:** $775K
- **Forgiven:** $783K (101%)
- **Forgiveness date:** 03/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $775K
- **Utilities:** $1
- **Jobs reported:** 89
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*