PPP Loan information for Royal air freight inc

$1,251,250

Royal air freight inc was initially approved for PPP Loan of amount $1,251,250, the current approved amount is $1,251,250. The loan was approved on 02/23/2021 by The JPMorgan Chase Bank, National Association reported 114 jobs and $1,251,250 was used to fund payroll.

Royal air freight inc is Existing or more than 2 years old

PPP Loan Search / MI / Waterford / Royal air freight inc

ROYAL AIR FREIGHT INC

Date Approved

02/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ROYAL AIR FREIGHT INC

Borrower Address

2141 Airport Rd

Borrower City

Waterford

Borrower State

MI

Borrower Zip

48327-1207

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1251250.00

Current Approval Amount

1251250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waterford

Project County Name

OAKLAND

Project State

MI

Project Zip

48327-1207

CD

MI-11

Jobs Reported

114

NAICS Code

481212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1251249.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1259322.65

Forgiveness Date

10/20/2021

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