PPP Loan information for Royal aluminum and steel inc.

$86,900

Royal aluminum and steel inc. was initially approved for PPP Loan of amount $86,900, the current approved amount is $86,900. The loan was approved on 01/23/2021 by The Fifth Third Bank reported 8 jobs and $86,900 was used to fund payroll.

Royal aluminum and steel inc. is Existing or more than 2 years old

PPP Loan Search / MI / Chesterfield / Royal aluminum and steel inc.

ROYAL ALUMINUM AND STEEL INC.

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ROYAL ALUMINUM AND STEEL INC.

Borrower Address

51401 Chesterfield Rd

Borrower City

Chesterfield

Borrower State

MI

Borrower Zip

48051-2002

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86900.00

Current Approval Amount

86900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chesterfield

Project County Name

MACOMB

Project State

MI

Project Zip

48051-2002

CD

MI-09

Jobs Reported

8

NAICS Code

332323

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

86898.00

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

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87983.84

Forgiveness Date

05/05/2022

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