# PPP loan: RC LAKE CHARLES GROUP, LLC
> **$349K** approved 04/04/2020 · Paid in Full · Loan `4998977004`
## Borrower
- **Name:** RC LAKE CHARLES GROUP, LLC
- **Address:** 1776 PRIEN LAKE RD, LAKE CHARLES, LA, 70601-8361
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $349K
- **Initial approval:** $349K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Mortgage interest:** $44K
- **Utilities:** $44K
- **Jobs reported:** 73
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*