# PPP loan: R & M LOCAL KITCHEN LLC
> **$425K** approved 04/08/2020 · Paid in Full · Loan `7744837001`
## Borrower
- **Name:** R & M LOCAL KITCHEN LLC
- **Address:** 24131 PERDIDO BEACH BLVD, ORANGE BEACH, AL, 36561-6003
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $431K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $359K
- **Rent:** $50K
- **Utilities:** $17K
- **Jobs reported:** 75
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*