# PPP loan: R C FLOORING INC
> **$304K** approved 05/01/2020 · Paid in Full · Loan `4070837708`
## Borrower
- **Name:** R C FLOORING INC
- **Address:** 5750 SUNROSE AVE, NEWARK, CA, 94560
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $304K
- **Initial approval:** $304K
- **Forgiven:** $310K (102%)
- **Forgiveness date:** 04/14/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $304K
- **Jobs reported:** 23
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*