# PPP loan: DRY IT RITE LTD
> **$250K** approved 04/28/2020 · Paid in Full · Loan `8735287201`
## Borrower
- **Name:** DRY IT RITE LTD
- **Address:** 4330 GROVES RD, COLUMBUS, OH, 43232-4103
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $30K
- **Utilities:** $20K
- **Jobs reported:** 26
## Lender
- **Originating:** First Federal Community Bank
- **Servicing:** First Federal Community Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*