# PPP loan: R&C BERNDT, INC.
> **$450K** approved 04/29/2020 · Paid in Full · Loan `2808517301`
## Borrower
- **Name:** R&C BERNDT, INC.
- **Address:** 145 NORTH LEMON STREET, ORANGE, CA, 92866
- **NAICS:** 424480
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $447K (99%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Jobs reported:** 28
## 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*