# PPP loan: RUDD & ADAMS MASONRY, INC.
> **$877K** approved 04/09/2020 · Paid in Full · Loan `9151247005`
## Borrower
- **Name:** RUDD & ADAMS MASONRY, INC.
- **Address:** 242 State HWY 46 W, BOERNE, TX, 78006-8153
- **NAICS:** 238140
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $877K
- **Initial approval:** $877K
- **Forgiven:** $887K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $833K
- **Rent:** $40K
- **Utilities:** $4K
- **Jobs reported:** 119
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*