# PPP loan: E F RHOADES & SONS INC
> **$270K** approved 04/06/2020 · Paid in Full · Loan `5656597002`
## Borrower
- **Name:** E F RHOADES & SONS INC
- **Address:** 883 S 900 E, PIERCETON, IN, 46562-9354
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Health care:** $26K
- **Jobs reported:** 31
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*