# PPP loan: RCL AGENCIES INC
> **$297K** approved 04/16/2020 · Paid in Full · Loan `2429497210`
## Borrower
- **Name:** RCL AGENCIES INC
- **Address:** 842 Clifton Ave, CLIFTON, NJ, 07013
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $301K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Rent:** $10K
- **Utilities:** $2K
- **Health care:** $49K
- **Jobs reported:** 15
## 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*