# PPP loan: BORDER PACIFIC RAILROAD CO
> **$345K** approved 04/13/2020 · Paid in Full · Loan `5339307101`
## Borrower
- **Name:** BORDER PACIFIC RAILROAD CO
- **Address:** Border Pacific Railroad Co, RIO GRANDE CITY, TX, 78582
- **NAICS:** 482112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $210K (61%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Health care:** $18K
- **Jobs reported:** 43
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*