# PPP loan: RISER AUTOMOTIVE INC
> **$505K** approved 04/06/2020 · Paid in Full · Loan `6081697000`
## Borrower
- **Name:** RISER AUTOMOTIVE INC
- **Address:** PO BOX, HOT SPRINGS NATIONAL PARK, AR, 71903-1001
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $505K
- **Initial approval:** $505K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $505K
- **Jobs reported:** 59
## Lender
- **Originating:** Arvest Bank
- **Servicing:** Arvest Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*