# PPP loan: RIVER CITY CONSTRUCTION, INC.
> **$1.61M** approved 04/08/2020 · Paid in Full · Loan `8143047010`
## Borrower
- **Name:** RIVER CITY CONSTRUCTION, INC.
- **Address:** 3534 CHERRY RUN RD, WASHINGTON, NC, 27889-6712
- **NAICS:** 237130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.29M
- **Rent:** $200K
- **Utilities:** $123K
- **Jobs reported:** 219
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*