# PPP loan: RCH INC.
> **$247K** approved 04/03/2020 · Paid in Full · Loan `4371327004`
## Borrower
- **Name:** RCH INC.
- **Address:** 1991 US Hwy 2, HAVRE, MT, 59501
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 12/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $2K
- **Utilities:** $60K
- **Jobs reported:** 27
## Lender
- **Originating:** Stockman Bank of Montana
- **Servicing:** Stockman Bank of Montana (MT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*