# PPP loan: RCS SYSTEMS INC.
> **$1.20M** approved 01/23/2021 · Paid in Full · Loan `4892918300`
## Borrower
- **Name:** RCS SYSTEMS INC.
- **Address:** 7075 W Parkland Ct, Milwaukee, WI, 53223-4027
- **NAICS:** 337215
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.20M (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.20M
- **Utilities:** $1
- **Jobs reported:** 57
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*