# PPP loan: RIC, INC.
> **$341K** approved 04/08/2020 · Paid in Full · Loan `7981897001`
## Borrower
- **Name:** RIC, INC.
- **Address:** 192717 PO BOX, LITTLE ROCK, AR, 72219-2717
- **NAICS:** 236210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $345K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $341K
- **Jobs reported:** 28
## Lender
- **Originating:** Arvest Bank
- **Servicing:** Arvest Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*