# PPP loan: RITSNET INC
> **$215K** approved 04/28/2020 · Paid in Full · Loan `6370607209`
## Borrower
- **Name:** RITSNET INC
- **Address:** 39899 BALENTINE DR Ste 138, NEWARK, CA, 94560-5383
- **NAICS:** 518210
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $215K
- **Initial approval:** $215K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $215K
- **Jobs reported:** 14
## Lender
- **Originating:** KeyPoint CU
- **Servicing:** KeyPoint CU (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*