# PPP loan: RCE EQUIPMENT SOLUTIONS, INC.
> **$430K** approved 04/14/2020 · Paid in Full · Loan `7918717110`
## Borrower
- **Name:** RCE EQUIPMENT SOLUTIONS, INC.
- **Address:** 1901 HARRISON AVE., ROCKFORD, IL, 61104
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $430K
- **Initial approval:** $430K
- **Forgiven:** $433K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $430K
- **Jobs reported:** 20
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*