# PPP loan: RDS INDUSTRIAL SERVICE LLC
> **$716K** approved 02/25/2021 · Exemption 4 · Loan `4120708503`
## Borrower
- **Name:** RDS INDUSTRIAL SERVICE LLC
- **Address:** 3701 5th Ave N Ste 5, Texas City, TX, 77590-6669
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $716K
- **Initial approval:** $716K
- **Forgiven:** $690K (96%)
- **Forgiveness date:** 08/01/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $716K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*