# PPP loan: RICEWRAP FOODS CORPORATION
> **$198K** approved 03/18/2021 · Paid in Full · Loan `4625998602`
## Borrower
- **Name:** RICEWRAP FOODS CORPORATION
- **Address:** 300 Business Park Dr, Butner, NC, 27509-2477
- **NAICS:** 311412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $202K (102%)
- **Forgiveness date:** 05/01/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $198K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*