# PPP loan: RISE COMMUNITY DEVELOPMENT - RAC0860
> **$245K** approved 02/06/2021 · Paid in Full · Loan `4720978409`
## Borrower
- **Name:** RISE COMMUNITY DEVELOPMENT - RAC0860
- **Address:** 1627 Washington Ave, Saint Louis, MO, 63103-1876
- **NAICS:** 541611
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $246K (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 12
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*