PPP Loan information for Club royale sales and service, inc.

$290,405

Club royale sales and service, inc. was initially approved for PPP Loan of amount $290,405, the current approved amount is $290,405. The loan was approved on 04/10/2020 by The ChoiceOne Bank reported 25 jobs and $290,405 was used to fund payroll.

Club royale sales and service, inc. is Existing or more than 2 years old

CLUB ROYALE SALES AND SERVICE, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CLUB ROYALE SALES AND SERVICE, INC.

Borrower Address

4825 HIGHLAND RD

Borrower City

WATERFORD

Borrower State

MI

Borrower Zip

48328-1138

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

290405.00

Current Approval Amount

290405.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WATERFORD

Project County Name

OAKLAND

Project State

MI

Project Zip

48328-1138

CD

MI-11

Jobs Reported

25

NAICS Code

441222

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

255405.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

293181.75

Forgiveness Date

03/31/2021

;