# PPP loan: TEXAS RODCO WACO
> **$605K** approved 04/07/2020 · Paid in Full · Loan `7394857006`
## Borrower
- **Name:** TEXAS RODCO WACO
- **Address:** 220 S. Third, WACO, TX, 76701
- **NAICS:** 722514
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $605K
- **Initial approval:** $605K
- **Forgiven:** $609K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $454K
- **Rent:** $151K
- **Jobs reported:** 110
## Lender
- **Originating:** First National Bank of Central Texas
- **Servicing:** First National Bank of Central Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*