# PPP loan: ROYAL T ENERGY LLC
> **$465K** approved 04/16/2020 · Paid in Full · Loan `2411877208`
## Borrower
- **Name:** ROYAL T ENERGY LLC
- **Address:** 435 COUNTY ROAD 420, PECOS, TX, 79772
- **NAICS:** 481212
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $465K
- **Initial approval:** $465K
- **Forgiven:** $471K (101%)
- **Forgiveness date:** 06/23/2023
- **Status:** Paid in Full
- **Term:** 30 months
## Use of funds
- **Payroll:** $465K
- **Jobs reported:** 22
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*