# PPP loan: R.J. THOMAS MANUFACTURING COMPANY, INC
> **$872K** approved 04/05/2020 · Paid in Full · Loan `5430537003`
## Borrower
- **Name:** R.J. THOMAS MANUFACTURING COMPANY, INC
- **Address:** 5648 Hwy 59, CHEROKEE, IA, 51012-7223
- **NAICS:** 332323
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $872K
- **Initial approval:** $872K
- **Forgiven:** $880K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $872K
- **Jobs reported:** 75
## Lender
- **Originating:** Cherokee State Bank
- **Servicing:** Cherokee State Bank (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*