# PPP loan: RMS ENERGY CO, LLC
> **$720K** approved 04/06/2020 · Paid in Full · Loan `6153157002`
## Borrower
- **Name:** RMS ENERGY CO, LLC
- **Address:** 201 1ST STREET, RANDALL, MN, 56475-4202
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $720K
- **Initial approval:** $720K
- **Forgiven:** $726K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $720K
- **Jobs reported:** 55
## Lender
- **Originating:** West Bank
- **Servicing:** West Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*