# PPP loan: RODCO
> **$305K** approved 04/28/2020 · Paid in Full · Loan `7520947207`
## Borrower
- **Name:** RODCO
- **Address:** 15704 Lee Highway, Gainesville, VA, 20155
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $305K
- **Initial approval:** $305K
- **Forgiven:** $308K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $229K
- **Rent:** $40K
- **Utilities:** $37K
- **Jobs reported:** 66
## Lender
- **Originating:** Oak View National Bank
- **Servicing:** Oak View National Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*