# PPP loan: RILCO MANUFACTURING COMPANY., INC.
> **$1.37M** approved 04/04/2020 · Paid in Full · Loan `4646877005`
## Borrower
- **Name:** RILCO MANUFACTURING COMPANY., INC.
- **Address:** 12700 TANNER RD, HOUSTON, TX, 77041-6511
- **NAICS:** 326150
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.37M
- **Initial approval:** $1.37M
- **Forgiven:** $1.38M (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.09M
- **Rent:** $221K
- **Utilities:** $25K
- **Debt interest:** $28K
- **Jobs reported:** 150
## Lender
- **Originating:** Texas First Bank
- **Servicing:** Texas First Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*