# PPP loan: RICE ENGINEERING INC
> **$950K** approved 04/28/2020 · Paid in Full · Loan `7418547209`
## Borrower
- **Name:** RICE ENGINEERING INC
- **Address:** 105 SCHOOL CREEK TRL, LUXEMBURG, WI, 54217-1095
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $950K
- **Initial approval:** $950K
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $884K
- **Rent:** $2K
- **Mortgage interest:** $13K
- **Utilities:** $4K
- **Health care:** $48K
- **Jobs reported:** 54
## Lender
- **Originating:** Nicolet National Bank
- **Servicing:** Nicolet National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*