# PPP loan: R&D SPECIALTIES, LTD.
> **$361K** approved 04/04/2020 · Paid in Full · Loan `4723377002`
## Borrower
- **Name:** R&D SPECIALTIES, LTD.
- **Address:** 2030 MURPHY ST, ODESSA, TX, 79761-5802
- **NAICS:** 423830
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $361K
- **Initial approval:** $361K
- **Forgiven:** $364K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $361K
- **Jobs reported:** 22
## Lender
- **Originating:** SouthWest Bank
- **Servicing:** SouthWest Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*