# PPP loan: RALEIGH DURHAM RUBBER AND GASKET COMPANY
> **$205K** approved 07/27/2020 · Paid in Full · Loan `8659838106`
## Borrower
- **Name:** RALEIGH DURHAM RUBBER AND GASKET COMPANY
- **Address:** 5836 LEASE LANE, RALEIGH, NC, 27617-4708
- **NAICS:** 326299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $206K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $205K
- **Jobs reported:** 20
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*