# PPP loan: ALL-AMERICAN RUIDOSO DOWNS, LLC
> **$1.30M** approved 04/04/2020 · Paid in Full · Loan `4787867006`
## Borrower
- **Name:** ALL-AMERICAN RUIDOSO DOWNS, LLC
- **Address:** PO Box 449, RUIDOSO DOWNS, NM, 88346
- **NAICS:** 711212
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Utilities:** $45K
- **Jobs reported:** 115
## Lender
- **Originating:** First United Bank
- **Servicing:** First United Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*