PPP Loan information for Royal express inc.
$1,695,500
Royal express inc. was initially approved for PPP Loan of amount $1,695,500, the current approved amount is $1,695,500. The loan was approved on 01/28/2021 by The Vantage Bank Texas reported 203 jobs and $1,695,500 was used to fund payroll.
Royal express inc. is Existing or more than 2 years old
ROYAL EXPRESS INC.
Date Approved
01/28/2021
SBA Office Code
0681
Processing Method
PPS
Borrower Name
ROYAL EXPRESS INC.
Borrower Address
12125 Jef Drive
Borrower City
Laredo
Borrower State
TX
Borrower Zip
78045
Loan Status Date
10/16/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1695500.00
Current Approval Amount
1695500.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
71664
Servicing Lender Name
Vantage Bank Texas
Servicing Lender Address
45 NE Loop 410, Ste 190
Servicing Lender City
SAN ANTONIO
Servicing Lender State
TX
Servicing Lender Zip
78216-5870
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Laredo
Project County Name
WEBB
Project State
TX
Project Zip
78045
CD
TX-28
Jobs Reported
203
NAICS Code
484121
Race
White
Ethnicity
Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
1695496.00
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
71664
Originating Lender
Vantage Bank Texas
Originating Lender City
SAN ANTONIO
Originating Lender State
TX
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1705626.55
Forgiveness Date
09/09/2021