# PPP loan: ROCKETSHIP RESTAURANTS INC
> **$220K** approved 01/31/2021 · Exemption 4 · Loan `9699038308`
## Borrower
- **Name:** ROCKETSHIP RESTAURANTS INC
- **Address:** 2812 Erwin Rd Ste 101, Durham, NC, 27705-4594
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $93K
- **Forgiven:** $185K (84%)
- **Forgiveness date:** 11/26/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 16
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*