# PPP loan: RDS CONTRACTING INC
> **$465K** approved 05/01/2020 · Paid in Full · Loan `1335037707`
## Borrower
- **Name:** RDS CONTRACTING INC
- **Address:** 12064 WOODSIDE AVE, LAKESIDE, CA, 92040
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $465K
- **Initial approval:** $465K
- **Forgiven:** $470K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $417K
- **Rent:** $8K
- **Utilities:** $3K
- **Debt interest:** $38K
- **Jobs reported:** 33
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*