# PPP loan: RDS EQUIPMENT, INC.
> **$159K** approved 04/08/2020 · Paid in Full · Loan `8558317010`
## Borrower
- **Name:** RDS EQUIPMENT, INC.
- **Address:** 3415 S BLUE RIDGE CUT OFF, INDEPENDENCE, MO, 64055-6103
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $15K
- **Utilities:** $14K
- **Jobs reported:** 11
## Lender
- **Originating:** The Central Trust Bank
- **Servicing:** The Central Trust Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*