# PPP loan: RDS ENTERPRISES II LP
> **$577K** approved 04/16/2020 · Paid in Full · Loan `2797787207`
## Borrower
- **Name:** RDS ENTERPRISES II LP
- **Address:** 1631 West Chester Pike, West Chester, PA, 19382
- **NAICS:** 441110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $577K
- **Initial approval:** $577K
- **Forgiven:** $582K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $341K
- **Rent:** $195K
- **Utilities:** $6K
- **Health care:** $9K
- **Debt interest:** $26K
- **Jobs reported:** 41
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*