# PPP loan: RCS INDUSTRIES, INC.
> **$955K** approved 04/29/2020 · Paid in Full · Loan `3105587309`
## Borrower
- **Name:** RCS INDUSTRIES, INC.
- **Address:** 11605 North Community House Road Suite 100, CHARLOTTE, NC, 28277
- **NAICS:** 561311
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $955K
- **Initial approval:** $955K
- **Forgiven:** $964K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $955K
- **Jobs reported:** 64
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*