# PPP loan: RMS PROPERTIES, INC.
> **$875K** approved 04/07/2020 · Paid in Full · Loan `7190237006`
## Borrower
- **Name:** RMS PROPERTIES, INC.
- **Address:** 1111 N PLAZA DR, Suite 200, SCHAUMBURG, IL, 60173-4901
- **NAICS:** 531312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $875K
- **Initial approval:** $875K
- **Forgiven:** $882K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $656K
- **Utilities:** $219K
- **Jobs reported:** 103
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*