# PPP loan: RC'S RESTAURANT & LOUNGE
> **$212K** approved 04/14/2020 · Paid in Full · Loan `6152197110`
## Borrower
- **Name:** RC'S RESTAURANT & LOUNGE
- **Address:** 330 E 135TH ST, KANSAS CITY, MO, 64145-1413
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $212K
- **Initial approval:** $212K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Mortgage interest:** $27K
- **Utilities:** $27K
- **Jobs reported:** 49
## Lender
- **Originating:** Verimore Bank
- **Servicing:** Verimore Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*