# PPP loan: VANGUARD RESOURCES, INC.
> **$5.68M** approved 04/12/2020 · Paid in Full · Loan `4148277108`
## Borrower
- **Name:** VANGUARD RESOURCES, INC.
- **Address:** 6500 Hwy 281 N., SPRING BRANCH, TX, 78070-5907
- **NAICS:** 561210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.68M
- **Initial approval:** $5.68M
- **Forgiven:** $5.74M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.68M
- **Jobs reported:** 500
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*