# PPP loan: RITE CHECK CASHING INC.
> **$981K** approved 03/12/2021 · Paid in Full · Loan `9873318501`
## Borrower
- **Name:** RITE CHECK CASHING INC.
- **Address:** 715 E 138th St, Bronx, NY, 10454-3307
- **NAICS:** 522320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $981K
- **Initial approval:** $981K
- **Forgiven:** $985K (100%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $981K
- **Jobs reported:** 125
## Lender
- **Originating:** Ponce Bank
- **Servicing:** Ponce Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*