# PPP loan: RITE TRACK EQUIPMENT SERVICES, INC.
> **$650K** approved 04/09/2020 · Paid in Full · Loan `8967507009`
## Borrower
- **Name:** RITE TRACK EQUIPMENT SERVICES, INC.
- **Address:** 8655 RITE TRACK WAY, WEST CHESTER, OH, 45069-7064
- **NAICS:** 333242
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $650K
- **Initial approval:** $650K
- **Forgiven:** $655K (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $520K
- **Rent:** $52K
- **Utilities:** $23K
- **Health care:** $27K
- **Debt interest:** $28K
- **Jobs reported:** 42
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*