# PPP loan: RIO STAR FOODS INC.
> **$718K** approved 04/29/2020 · Paid in Full · Loan `4160687301`
## Borrower
- **Name:** RIO STAR FOODS INC.
- **Address:** 3251 W COMMERCE ST, DALLAS, TX, 75212-4837
- **NAICS:** 424410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $718K
- **Initial approval:** $718K
- **Forgiven:** $724K (101%)
- **Forgiveness date:** 03/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $574K
- **Rent:** $90K
- **Utilities:** $54K
- **Jobs reported:** 117
## Lender
- **Originating:** Texas Security Bank
- **Servicing:** Texas Security Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*