# PPP loan: RCS CORPORATION
> **$1.23M** approved 04/30/2020 · Paid in Full · Loan `7361237306`
## Borrower
- **Name:** RCS CORPORATION
- **Address:** 11605 North Community House Road, Suite 100, CHARLOTTE, NC, 28277
- **NAICS:** 561311
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.23M
- **Jobs reported:** 85
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*