# PPP loan: RIGNET INC
> **$6.30M** approved 05/01/2020 · Paid in Full · Loan `6031227709`
## Borrower
- **Name:** RIGNET INC
- **Address:** 15115 Park Row Ste 300, Houston, TX, 77084
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $6.30M
- **Initial approval:** $6.79M
- **Forgiven:** $6.37M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.30M
- **Jobs reported:** 292
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*