# PPP loan: RIO CHAN FOODS LLC
> **$166K** approved 03/25/2021 · Paid in Full · Loan `8623008603`
## Borrower
- **Name:** RIO CHAN FOODS LLC
- **Address:** 2701 Broadway Blvd NE A, Albuquerque, NM, 87107-1525
- **NAICS:** 311991
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $166K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*