# PPP loan: RHODES MANAGEMENT SERVICES, LLC
> **$1.15M** approved 04/07/2020 · Paid in Full · Loan `6822587000`
## Borrower
- **Name:** RHODES MANAGEMENT SERVICES, LLC
- **Address:** 200 S 10th Street Ste 1700, MCALLEN, TX, 78501-4800
- **NAICS:** 531190
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $957K
- **Rent:** $101K
- **Debt interest:** $94K
- **Jobs reported:** 73
## Lender
- **Originating:** Vantage Bank Texas
- **Servicing:** Vantage Bank Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*