# PPP loan: RYCO HYDRAULICS INC
> **$1.29M** approved 04/28/2020 · Paid in Full · Loan `9485397200`
## Borrower
- **Name:** RYCO HYDRAULICS INC
- **Address:** 1616 Greens Rd, Houston, TX, 77032
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.29M
- **Initial approval:** $1.29M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 04/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.29M
- **Jobs reported:** 90
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*