# PPP loan: RIO ENTERTAINMENT, INC.
> **$249K** approved 04/07/2020 · Paid in Full · Loan `6636907007`
## Borrower
- **Name:** RIO ENTERTAINMENT, INC.
- **Address:** 806 EHOUSTON ST, BEEVILLE, TX, 78102-5147
- **NAICS:** 512131
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $125K (50%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $249K
- **Jobs reported:** 98
## Lender
- **Originating:** Texas Champion Bank
- **Servicing:** Texas Champion Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*