# PPP loan: RED ROCK RECYCLING, LLC
> **$198K** approved 04/14/2020 · Paid in Full · Loan `7578087103`
## Borrower
- **Name:** RED ROCK RECYCLING, LLC
- **Address:** 1600 N King St, SEGUIN, TX, 78155
- **NAICS:** 424610
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $51K
- **Utilities:** $8K
- **Debt interest:** $9K
- **Jobs reported:** 20
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*