# PPP loan: RMD INC
> **$158K** approved 04/28/2020 · Exemption 4 · Loan `1357477308`
## Borrower
- **Name:** RMD INC
- **Address:** 4078 SW Normandy Drive, LEES SUMMIT, MO, 64082
- **NAICS:** 532299
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $87K (56%)
- **Forgiveness date:** 12/16/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $158K
- **Jobs reported:** 11
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*