PPP Loan information for Regal trading inc

$1,208,889

Regal trading inc was initially approved for PPP Loan of amount $1,208,889, the current approved amount is $1,208,889. The loan was approved on 04/29/2020 by The Bank of America, National Association reported 114 jobs and $1,208,889 was used to fund payroll.

Regal trading inc is Unanswered

REGAL TRADING INC

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

REGAL TRADING INC

Borrower Address

721 Union Blvd

Borrower City

TOTOWA

Borrower State

NJ

Borrower Zip

07512

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1208889.00

Current Approval Amount

1208889.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

TOTOWA

Project County Name

PASSAIC

Project State

NJ

Project Zip

07512-1000

CD

NJ-11

Jobs Reported

114

NAICS Code

424490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1208889.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1221507.81

Forgiveness Date

05/21/2021

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