# PPP loan: RENTAL MANAGEMENT, INC.
> **$198K** approved 04/10/2020 · Paid in Full · Loan `2348157102`
## Borrower
- **Name:** RENTAL MANAGEMENT, INC.
- **Address:** 17 North 6th Street Suite 207, FORT SMITH, AR, 72901-2101
- **NAICS:** 531190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Rent:** $25K
- **Mortgage interest:** $25K
- **Jobs reported:** 25
## Lender
- **Originating:** The First National Bank of Fort Smith
- **Servicing:** The First National Bank of Fort Smith (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*