# PPP loan: ROYAL COACH TOURS
> **$1.90M** approved 04/15/2020 · Paid in Full · Loan `1252107208`
## Borrower
- **Name:** ROYAL COACH TOURS
- **Address:** 630 Stockton Ave, SAN JOSE, CA, 95126-2433
- **NAICS:** 485510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.90M
- **Initial approval:** $1.90M
- **Forgiven:** $1.93M (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.83M
- **Rent:** $45K
- **Mortgage interest:** $19K
- **Utilities:** $12K
- **Jobs reported:** 132
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*