# PPP loan: R. M. WALSDORF, INC.
> **$551K** approved 04/07/2020 · Paid in Full · Loan `7587327007`
## Borrower
- **Name:** R. M. WALSDORF, INC.
- **Address:** 117 N Arroyo Blvd, LOS FRESNOS, TX, 78566-3234
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $551K
- **Initial approval:** $551K
- **Forgiven:** $555K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $551K
- **Jobs reported:** 48
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*