# PPP loan: RITE ENVIRONMENTAL INC.
> **$171K** approved 04/06/2020 · Paid in Full · Loan `6429337010`
## Borrower
- **Name:** RITE ENVIRONMENTAL INC.
- **Address:** 110 Dunham, WATERLOO, IA, 50703
- **NAICS:** 562111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 18
## Lender
- **Originating:** Denver Savings Bank
- **Servicing:** Denver Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*