# PPP loan: FRIO DISTRIBUTING LLC
> **$495K** approved 04/08/2020 · Paid in Full · Loan `7891247001`
## Borrower
- **Name:** FRIO DISTRIBUTING LLC
- **Address:** PO BOX 1384, DEL RIO, TX, 78841-1384
- **NAICS:** 424810
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Forgiven:** $498K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $421K
- **Rent:** $25K
- **Mortgage interest:** $25K
- **Utilities:** $25K
- **Jobs reported:** 62
## Lender
- **Originating:** The Bank & Trust, SSB
- **Servicing:** The Bank & Trust, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*