# PPP loan: RCS-RCA OAKRIDGE LLC
> **$1.02M** approved 02/12/2021 · Paid in Full · Loan `7509028404`
## Borrower
- **Name:** RCS-RCA OAKRIDGE LLC
- **Address:** 1 Oakridge Dr, Chaska, MN, 55318-1030
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $176K (17%)
- **Forgiveness date:** 05/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.02M
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** Farmers & Merchants Savings Bank
- **Servicing:** Farmers & Merchants Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*