# PPP loan: RITE LITE SIGNS, INC.
> **$656K** approved 04/28/2020 · Paid in Full · Loan `8218317210`
## Borrower
- **Name:** RITE LITE SIGNS, INC.
- **Address:** 1000 Biscayne Drive, Concord, NC, 28027
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $656K
- **Initial approval:** $656K
- **Forgiven:** $662K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $642K
- **Rent:** $11K
- **Utilities:** $4K
- **Jobs reported:** 61
## Lender
- **Originating:** Uwharrie Bank
- **Servicing:** Uwharrie Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*