# PPP loan: R & L FOSTER CONSTRUCTION CO
> **$411K** approved 03/26/2021 · Paid in Full · Loan `9780588600`
## Borrower
- **Name:** R & L FOSTER CONSTRUCTION CO
- **Address:** 2511 County Road 36120, Honey Grove, TX, 75446-3800
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $414K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $411K
- **Jobs reported:** 39
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*