# PPP loan: RGSM INC
> **$229K** approved 04/08/2020 · Paid in Full · Loan `7927707000`
## Borrower
- **Name:** RGSM INC
- **Address:** 1985 A HIGHWAY 75, SUNSHINE, LA, 70780-3414
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Rent:** $20K
- **Mortgage interest:** $452
- **Utilities:** $10K
- **Health care:** $9K
- **Jobs reported:** 42
## 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*