# PPP loan: RHODES MACHINE SHOP, INC
> **$213K** approved 04/09/2020 · Paid in Full · Loan `9975387004`
## Borrower
- **Name:** RHODES MACHINE SHOP, INC
- **Address:** 320 S East Street, FORT SMITH, AR, 72901-4317
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $216K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Jobs reported:** 52
## Lender
- **Originating:** First Bank of the Lake
- **Servicing:** First Bank of the Lake (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*