# PPP loan: RIO GRANDE POLLOS ASADOS
> **$242K** approved 07/30/2020 · Paid in Full · Loan `1596668201`
## Borrower
- **Name:** RIO GRANDE POLLOS ASADOS
- **Address:** 1200 S GRANT AVE, ODESSA, TX, 79761-6616
- **NAICS:** 722511
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $170K (70%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 23
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*