# PPP loan: RLC, LLC
> **$1.23M** approved 04/04/2020 · Paid in Full · Loan `4868187005`
## Borrower
- **Name:** RLC, LLC
- **Address:** 4500 RAEFORD RD, FAYETTEVILLE, NC, 28304-3230
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.25M (102%)
- **Forgiveness date:** 10/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.06M
- **Rent:** $140K
- **Utilities:** $26K
- **Debt interest:** $3K
- **Jobs reported:** 116
## Lender
- **Originating:** Dogwood State Bank
- **Servicing:** Dogwood State Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*