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Rio Construction INC

$98,200 PPP Loan in Hutto, Texas

Loan Details

Loan Number
2424307200
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$98,200
Current Approval
$98,200
Forgiveness Amount
$98,897
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rio Construction INC
Address
2203 Innovation Blvd
City
Hutto
State
Texas
ZIP Code
78634
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238350)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-31

Loan Use Breakdown

Payroll
$73,650
Utilities
$4,550
Health Care
$5,000
Mortgage Interest
$10,000
Debt Interest
$5,000

Lender Information

Servicing Lender
First Texas Bank
Originating Lender
First Texas Bank

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