# PPP loan: BORDER PACIFIC RAILROAD CO
> **$268K** approved 01/29/2021 · Paid in Full · Loan `8030108309`
## Borrower
- **Name:** BORDER PACIFIC RAILROAD CO
- **Address:** 804B W Main St, Rio Grande City, TX, 78582-3119
- **NAICS:** 482112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $271K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $268K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*