# PPP loan: ROYAL & ROSS LP
> **$379K** approved 02/04/2021 · Exemption 4 · Loan `3323748401`
## Borrower
- **Name:** ROYAL & ROSS LP
- **Address:** 3500 Weslayan St #350, Houston, TX, 77027
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $379K
- **Initial approval:** $398K
- **Forgiven:** $234K (62%)
- **Forgiveness date:** 11/01/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $379K
- **Jobs reported:** 13
## Lender
- **Originating:** Trustmark National Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*