# PPP loan: RICE TUNNELING & BORING INC
> **$159K** approved 04/28/2020 · Paid in Full · Loan `8104057206`
## Borrower
- **Name:** RICE TUNNELING & BORING INC
- **Address:** 1366 N MAIN ST, DUNCANVILLE, TX, 75116-2312
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Jobs reported:** 15
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*