# PPP loan: RIGHTIME ENTERPRISE OF COLLATERAL LENDING INC
> **$212K** approved 03/20/2021 · Charged Off · Loan `6225458604`
## Borrower
- **Name:** RIGHTIME ENTERPRISE OF COLLATERAL LENDING INC
- **Address:** 2000 W 7th St, Los Angeles, CA, 90057-4022
- **NAICS:** 453310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $212K
- **Initial approval:** $302K
- **Status:** Charged Off
- **Term:** 35 months
## Use of funds
- **Payroll:** $212K
- **Jobs reported:** 18
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*