PPP Loan information for Royal aluminum co., inc

$514,000

Royal aluminum co., inc was initially approved for PPP Loan of amount $514,000, the current approved amount is $514,000. The loan was approved on 04/16/2020 by The Loan Source Incorporated reported 84 jobs and $514,000 was used to fund payroll.

Royal aluminum co., inc is Existing or more than 2 years old

PPP Loan Search / NJ / NEWARK / Royal aluminum co., inc

ROYAL ALUMINUM CO., INC

Date Approved

04/16/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ROYAL ALUMINUM CO., INC

Borrower Address

620 MARKET ST

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07105-3614

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

514000.00

Current Approval Amount

514000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-3614

CD

NJ-08

Jobs Reported

84

NAICS Code

331524

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

514000.00

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

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

518844.27

Forgiveness Date

04/01/2021

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