# PPP loan: R+D CUSTOM AUTOMATION, INC.
> **$683K** approved 04/27/2020 · Paid in Full · Loan `4311887202`
## Borrower
- **Name:** R+D CUSTOM AUTOMATION, INC.
- **Address:** 23411 W Wall Street, LAKE VILLA, IL, 60046
- **NAICS:** 333517
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $683K
- **Initial approval:** $683K
- **Forgiven:** $691K (101%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $683K
- **Jobs reported:** 44
## 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*