# PPP loan: RCV, LLC
> **$338K** approved 04/06/2020 · Paid in Full · Loan `6091417001`
## Borrower
- **Name:** RCV, LLC
- **Address:** 3050 METRO DR STE 200, MINNEAPOLIS, MN, 55425-1540
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Rent:** $39K
- **Mortgage interest:** $9K
- **Utilities:** $11K
- **Jobs reported:** 52
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*