# PPP loan: RCG VENTURES I LLC
> **$1.32M** approved 04/07/2020 · Paid in Full · Loan `7127247006`
## Borrower
- **Name:** RCG VENTURES I LLC
- **Address:** 3060 Peachtree Rd NW Suite 400, ATLANTA, GA, 30305-2207
- **NAICS:** 531190
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.32M
- **Initial approval:** $1.32M
- **Forgiven:** $1.03M (79%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.05M
- **Utilities:** $263K
- **Jobs reported:** 72
## Lender
- **Originating:** Ameris Bank
- **Servicing:** Ameris Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*