# PPP loan: RCI SOUND SYSTEMS
> **$408K** approved 04/14/2020 · Paid in Full · Loan `6518627103`
## Borrower
- **Name:** RCI SOUND SYSTEMS
- **Address:** 10721 HANNA ST, BELTSVILLE, MD, 20705-2122
- **NAICS:** 811219
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $408K
- **Initial approval:** $408K
- **Forgiven:** $413K (101%)
- **Forgiveness date:** 06/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $408K
- **Jobs reported:** 32
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*