PPP Loan information for Royal arms international inc.

$85,620

Royal arms international inc. was initially approved for PPP Loan of amount $85,620, the current approved amount is $85,620. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 7 jobs and $85,620 was used to fund payroll.

Royal arms international inc. is New Business or 2 years or less

PPP Loan Search / TN / LEWISBURG / Royal arms international inc.

ROYAL ARMS INTERNATIONAL INC.

Date Approved

05/01/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ROYAL ARMS INTERNATIONAL INC.

Borrower Address

1420 HIGHWAY 99

Borrower City

LEWISBURG

Borrower State

TN

Borrower Zip

37091-6750

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85620.00

Current Approval Amount

85620.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LEWISBURG

Project County Name

MARSHALL

Project State

TN

Project Zip

37091-6750

CD

TN-04

Jobs Reported

7

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85620.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

64842.71

Forgiveness Date

09/23/2021

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