# PPP loan: RALDCO, LLC
> **$490K** approved 04/05/2020 · Paid in Full · Loan `5498057008`
## Borrower
- **Name:** RALDCO, LLC
- **Address:** 8008 Slide Road Ste. 3, LUBBOCK, TX, 79424-2828
- **NAICS:** 541219
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $490K
- **Initial approval:** $490K
- **Forgiven:** $493K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $490K
- **Jobs reported:** 43
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*