PPP Loan information for Roy construction company inc

$450,013

Roy construction company inc was initially approved for PPP Loan of amount $450,013, the current approved amount is $450,013. The loan was approved on 04/13/2020 by The Cadence Bank reported 39 jobs and $450,013 was used to fund payroll.

Roy construction company inc is New Business or 2 years or less

ROY CONSTRUCTION COMPANY INC

Date Approved

04/13/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

ROY CONSTRUCTION COMPANY INC

Borrower Address

155 DOWNING STREET

Borrower City

OLIVE BRANCH

Borrower State

MS

Borrower Zip

38654-7675

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450012.50

Current Approval Amount

450012.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OLIVE BRANCH

Project County Name

DESOTO

Project State

MS

Project Zip

38654-7675

CD

MS-01

Jobs Reported

39

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

450012.50

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

452987.58

Forgiveness Date

12/17/2020

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