# PPP loan: RIC HOTEL LLC
> **$263K** approved 02/08/2021 · Paid in Full · Loan `5330128400`
## Borrower
- **Name:** RIC HOTEL LLC
- **Address:** 2000 Ware Bottom Spring Rd, Chester, VA, 23836-4200
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 01/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $263K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Citizens and Farmers Bank
- **Servicing:** Citizens and Farmers Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*