# PPP loan: RISE COMMUNITY DEVELOPMENT
> **$245K** approved 04/14/2020 · Paid in Full · Loan `7052437107`
## Borrower
- **Name:** RISE COMMUNITY DEVELOPMENT
- **Address:** 1627 Washington Ave., SAINT LOUIS, MO, 63103
- **NAICS:** 925120
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Rent:** $61K
- **Jobs reported:** 11
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*