PPP Loan information for Rio grande bible institute inc

$357,000

Rio grande bible institute inc was initially approved for PPP Loan of amount $357,000, the current approved amount is $357,000. The loan was approved on 01/21/2021 by The Texas National Bank reported 65 jobs and $357,000 was used to fund payroll.

Rio grande bible institute inc is Existing or more than 2 years old

RIO GRANDE BIBLE INSTITUTE INC

Date Approved

01/21/2021

SBA Office Code

0639

Processing Method

PPS

Borrower Name

RIO GRANDE BIBLE INSTITUTE INC

Borrower Address

4300 S Business Highway 281

Borrower City

Edinburg

Borrower State

TX

Borrower Zip

78539-9650

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

357000.00

Current Approval Amount

357000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71432

Servicing Lender Name

Texas National Bank

Servicing Lender Address

201 S Texas Ave

Servicing Lender City

MERCEDES

Servicing Lender State

TX

Servicing Lender Zip

78570-3123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edinburg

Project County Name

HIDALGO

Project State

TX

Project Zip

78539-9650

CD

TX-15

Jobs Reported

65

NAICS Code

611310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

356999.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

71432

Originating Lender

Texas National Bank

Originating Lender City

MERCEDES

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

361135.25

Forgiveness Date

03/21/2022

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