# PPP loan: RCI INDUSTRIES, INC.
> **$1.01M** approved 04/09/2020 · Paid in Full · Loan `9408407001`
## Borrower
- **Name:** RCI INDUSTRIES, INC.
- **Address:** 95 Broadway 0.0, Amityville, NY, 11701-2718
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $820K
- **Rent:** $70K
- **Utilities:** $5K
- **Health care:** $120K
- **Jobs reported:** 49
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*