PPP Loan information for Rio grande steel ltd

$415,500

Rio grande steel ltd was initially approved for PPP Loan of amount $415,500, the current approved amount is $415,500. The loan was approved on 04/14/2020 by The Lone Star National Bank reported 67 jobs and $415,500 was used to fund payroll.

Rio grande steel ltd is Existing or more than 2 years old

RIO GRANDE STEEL LTD

Date Approved

04/14/2020

SBA Office Code

0639

Processing Method

PPP

Borrower Name

RIO GRANDE STEEL LTD

Borrower Address

213 E OWASSA

Borrower City

EDINBURG

Borrower State

TX

Borrower Zip

78542-3052

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

415500.00

Current Approval Amount

415500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71592

Servicing Lender Name

Lone Star National Bank

Servicing Lender Address

206 W Ferguson

Servicing Lender City

PHARR

Servicing Lender State

TX

Servicing Lender Zip

78577-2404

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

78542-3052

CD

TX-34

Jobs Reported

67

NAICS Code

238120

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

415500.00

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

Corporation

Originating Lender Location Id

71592

Originating Lender

Lone Star National Bank

Originating Lender City

PHARR

Originating Lender State

TX

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

420359.04

Forgiveness Date

06/17/2021

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