# PPP loan: TRICO DEVELOPMENT CORP
> **$166K** approved 04/03/2020 · Paid in Full · Loan `4581817007`
## Borrower
- **Name:** TRICO DEVELOPMENT CORP
- **Address:** 1331 Red Wolf Blvd, JONESBORO, AR, 72401-4580
- **NAICS:** 722310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $126K
- **Mortgage interest:** $30K
- **Utilities:** $10K
- **Jobs reported:** 42
## Lender
- **Originating:** First Midwest Bank of the Ozarks
- **Servicing:** First Midwest Bank of the Ozarks (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*