PPP Loan information for Royal auto group inc

$120,715

Royal auto group inc was initially approved for PPP Loan of amount $120,715, the current approved amount is $120,715. The loan was approved on 04/10/2020 by The OceanFirst Bank, National Association reported 8 jobs and $120,715 was used to fund payroll.

Royal auto group inc is Existing or more than 2 years old

ROYAL AUTO GROUP INC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ROYAL AUTO GROUP INC

Borrower Address

4379 US 130 SOUTH

Borrower City

BURLINGTON

Borrower State

NJ

Borrower Zip

08016

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120715.00

Current Approval Amount

120715.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79203

Servicing Lender Name

OceanFirst Bank, National Association

Servicing Lender Address

975 Hooper Ave

Servicing Lender City

TOMS RIVER

Servicing Lender State

NJ

Servicing Lender Zip

08753-8320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08016-0001

CD

NJ-03

Jobs Reported

8

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

120715.00

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

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

121600.24

Forgiveness Date

01/07/2021

;