# PPP loan: RICCAR CORPORATION
> **$312K** approved 04/28/2020 · Paid in Full · Loan `6432527205`
## Borrower
- **Name:** RICCAR CORPORATION
- **Address:** 2387 STATION PKWY NW, ANDOVER, MN, 55304-4258
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $314K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Rent:** $6K
- **Utilities:** $11K
- **Jobs reported:** 25
## Lender
- **Originating:** Premier Bank
- **Servicing:** Premier Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*