# PPP loan: RESOURCE ONE INC
> **$250K** approved 04/14/2020 · Paid in Full · Loan `6958907108`
## Borrower
- **Name:** RESOURCE ONE INC
- **Address:** 2202 INDUSTRIAL BLVD, SARASOTA, FL, 34234
- **NAICS:** 423850
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Mortgage interest:** $20K
- **Utilities:** $5K
- **Jobs reported:** 25
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*