# PPP loan: R.S. SOFTWARE (INDIA) LIMITED
> **$876K** approved 04/27/2020 · Paid in Full · Loan `5271837208`
## Borrower
- **Name:** R.S. SOFTWARE (INDIA) LIMITED
- **Address:** 1900 McCarthy Blvd 103, Milpitas, CA, 95035
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $876K
- **Initial approval:** $876K
- **Forgiven:** $348K (40%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $857K
- **Rent:** $19K
- **Jobs reported:** 20
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*