PPP Loan information for Royal air freight inc.

$1,671,112

Royal air freight inc. was initially approved for PPP Loan of amount $1,671,112, the current approved amount is $1,671,112. The loan was approved on 04/13/2020 by The JPMorgan Chase Bank, National Association reported 114 jobs and $1,671,112 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

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROYAL AIR FREIGHT INC.

Borrower Address

2141 Airport Rd 0.0

Borrower City

Waterford

Borrower State

MI

Borrower Zip

48327-1207

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1671112.00

Current Approval Amount

1671112.00

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

33862.00

Payroll Proceed

1497545.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

139705.00

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

1690309.36

Forgiveness Date

06/10/2021

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