Date Approved
04/05/2020
SBA Office Code
0681
Processing Method
PPP
Borrower Name
ROYAL EXPRESS, INC.
Borrower Address
12125 J E F DR
Borrower City
LAREDO
Borrower State
TX
Borrower Zip
78045-1834
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1509200.00
Current Approval Amount
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
Servicing Lender Zip
78216-5870
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WEBB
Project State
Project Zip
CD
TX-28
Jobs Reported
187
NAICS Code
484121
Race
White
Ethnicity
Hispanic or Latino
Utilities Proceed
25900.00
Payroll Proceed
1315200.00
Mortgage Interest Proceed
Rent Proceed
168100.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1519950.47
Forgiveness Date
12/31/2020