# PPP loan: RESIDENTIAL MORTGAGE CORP
> **$192K** approved 04/27/2020 · Paid in Full · Loan `3731937206`
## Borrower
- **Name:** RESIDENTIAL MORTGAGE CORP
- **Address:** 2547 RAVENHILL DR, FAYETTEVILLE, NC, 28303-9616
- **NAICS:** 522310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $190K (99%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $192K
- **Jobs reported:** 14
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*