# PPP loan: RGS DISTRIBUTION INC.
> **$225K** approved 03/20/2021 · Paid in Full · Loan `5404268607`
## Borrower
- **Name:** RGS DISTRIBUTION INC.
- **Address:** 11520 Cedar Oak Dr, El Paso, TX, 79936-6027
- **NAICS:** 488510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 04/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $225K
- **Jobs reported:** 18
## Lender
- **Originating:** Vantage Bank Texas
- **Servicing:** Vantage Bank Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*