# PPP loan: RSM DEVELOPMENT, INC.
> **$1.01M** approved 01/16/2021 · Paid in Full · Loan `1081088303`
## Borrower
- **Name:** RSM DEVELOPMENT, INC.
- **Address:** 2701 Haindl Dr, Oklahoma City, OK, 73129-6447
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.01M
- **Jobs reported:** 97
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*