Royal Express, Inc.

$1,509,200 PPP Loan in Laredo, Texas

Loan Details

Loan Number
5221507009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,509,200
Current Approval
$1,509,200
Forgiveness Amount
$1,519,950
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Royal Express, Inc.
Address
12125 J E F Dr
City
Laredo
State
Texas
ZIP Code
78045-1834
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
187
Estimated Revenue
$37.7M
Rural/Urban
Urban
Congressional District
TX-28

Loan Use Breakdown

Payroll
$1,315,200
Rent
$168,100
Utilities
$25,900

Lender Information

Servicing Lender
Vantage Bank Texas
Originating Lender
Vantage Bank Texas

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