# PPP loan: RITEWAY INDUSTRIES CORP
> **$347K** approved 04/14/2020 · Paid in Full · Loan `7169497107`
## Borrower
- **Name:** RITEWAY INDUSTRIES CORP
- **Address:** 900 MERCHANTS CONCOURSE STE 214, WESTBURY, NY, 11590-5114
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $349K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Jobs reported:** 30
## Lender
- **Originating:** The First National Bank of Long Island
- **Servicing:** The First National Bank of Long Island (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*