# PPP loan: RL MANAGEMENT
> **$177K** approved 01/30/2021 · Exemption 4 · Loan `8855628306`
## Borrower
- **Name:** RL MANAGEMENT
- **Address:** 74 Granville Bay Rd, Lancaster, VA, 22503-3459
- **NAICS:** 561499
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $128K (72%)
- **Forgiveness date:** 06/02/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 9
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*