# PPP loan: ROSS EXPLORATIONS, INC.
> **$170K** approved 04/07/2020 · Paid in Full · Loan `7411687006`
## Borrower
- **Name:** ROSS EXPLORATIONS, INC.
- **Address:** 2917 Old Greenwood Road Suite 10, FORT SMITH, AR, 72903
- **NAICS:** 211120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $128K
- **Rent:** $14K
- **Mortgage interest:** $14K
- **Utilities:** $14K
- **Jobs reported:** 11
## Lender
- **Originating:** The First National Bank of Fort Smith
- **Servicing:** The First National Bank of Fort Smith (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*