# PPP loan: ROCKWOOD PROGRAMS, INC
> **$345K** approved 04/09/2020 · Paid in Full · Loan `8904157003`
## Borrower
- **Name:** ROCKWOOD PROGRAMS, INC
- **Address:** 3001 PHILADELPHIA PIKE, CLAYMONT, DE, 19703-2508
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $348K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Rent:** $53K
- **Health care:** $52K
- **Jobs reported:** 21
## Lender
- **Originating:** First Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*