# PPP loan: RILEY TECHNOLOGIES, INC.
> **$447K** approved 04/08/2020 · Paid in Full · Loan `8464127000`
## Borrower
- **Name:** RILEY TECHNOLOGIES, INC.
- **Address:** 170 OVERHILL DR, MOORESVILLE, NC, 28117-8006
- **NAICS:** 336999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $447K
- **Initial approval:** $447K
- **Forgiven:** $453K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $360K
- **Rent:** $49K
- **Utilities:** $3K
- **Health care:** $32K
- **Debt interest:** $3K
- **Jobs reported:** 26
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*