# PPP loan: RITE-LOOM CARPET COMPANY, INC.
> **$212K** approved 04/30/2020 · Exemption 4 · Loan `5497657303`
## Borrower
- **Name:** RITE-LOOM CARPET COMPANY, INC.
- **Address:** 1295 KRAEMER BLVD N, ANAHEIM, CA, 92806
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $212K
- **Initial approval:** $212K
- **Forgiven:** $128K (60%)
- **Forgiveness date:** 06/04/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $212K
- **Jobs reported:** 15
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*