# PPP loan: RALDEX III INC
> **$239K** approved 04/02/2021 · Paid in Full · Loan `5247888709`
## Borrower
- **Name:** RALDEX III INC
- **Address:** 3000 W Radio Dr, Florence, SC, 29501-7800
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 06/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $239K
- **Utilities:** $1
- **Jobs reported:** 39
## Lender
- **Originating:** First Reliance Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*