# PPP loan: THE RIGHT STUF, INC.
> **$589K** approved 04/08/2020 · Paid in Full · Loan `8362917000`
## Borrower
- **Name:** THE RIGHT STUF, INC.
- **Address:** 512 NE MAIN ST, GRIMES, IA, 50111-2188
- **NAICS:** 512120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $589K
- **Initial approval:** $584K
- **Forgiven:** $592K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $502K
- **Rent:** $41K
- **Utilities:** $7K
- **Health care:** $39K
- **Jobs reported:** 54
## Lender
- **Originating:** Lincoln Savings Bank
- **Servicing:** Lincoln Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*