PPP Loan information for Rio grande valley

$199,000

Rio grande valley was initially approved for PPP Loan of amount $199,000, the current approved amount is $199,000. The loan was approved on 04/08/2020 by The First National Bank of South Padre Island reported 23 jobs and $199,000 was used to fund payroll.

Rio grande valley is Existing or more than 2 years old

RIO GRANDE VALLEY

Date Approved

04/08/2020

SBA Office Code

0639

Processing Method

PPP

Borrower Name

RIO GRANDE VALLEY

Borrower Address

2025 E Tyler Ave

Borrower City

HARLINGEN

Borrower State

TX

Borrower Zip

78550-7388

Loan Status Date

05/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199000.00

Current Approval Amount

199000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71916

Servicing Lender Name

First National Bank of South Padre Island

Servicing Lender Address

709 Padre Blvd

Servicing Lender City

SOUTH PADRE ISLAND

Servicing Lender State

TX

Servicing Lender Zip

78597-6647

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARLINGEN

Project County Name

CAMERON

Project State

TX

Project Zip

78550-7388

CD

TX-34

Jobs Reported

23

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7960.00

Payroll Proceed

159200.00

Mortgage Interest Proceed

7960.00

Rent Proceed

7960.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7960.00

Debt Interest Proceed

7960

Business Type

Corporation

Originating Lender Location Id

71916

Originating Lender

First National Bank of South Padre Island

Originating Lender City

SOUTH PADRE ISLAND

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

200155.31

Forgiveness Date

11/12/2020

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