# PPP loan: AREPET EXPRESS LLC
> **$1.36M** approved 04/04/2020 · Exemption 4 · Loan `4983807007`
## Borrower
- **Name:** AREPET EXPRESS LLC
- **Address:** 3900 N  10TH ST, MCALLEN, TX, 78501-0002
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.36M
- **Initial approval:** $1.36M
- **Forgiven:** $706K (52%)
- **Forgiveness date:** 11/30/2021
- **Status:** Exemption 4
- **Term:** 19 months
## Use of funds
- **Payroll:** $1.36M
- **Jobs reported:** 111
## Lender
- **Originating:** Texas National Bank
- **Servicing:** Texas National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*