PPP Loan information for Royal auto parts corp

$246,117

Royal auto parts corp was initially approved for PPP Loan of amount $246,117, the current approved amount is $246,117. The loan was approved on 02/05/2021 by The Valley National Bank reported 32 jobs and $246,117 was used to fund payroll.

Royal auto parts corp is Existing or more than 2 years old

PPP Loan Search / NJ / Paterson / Royal auto parts corp

ROYAL AUTO PARTS CORP

Date Approved

02/05/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ROYAL AUTO PARTS CORP

Borrower Address

610 E 32nd St

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07513-1113

Loan Status Date

08/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

246117.00

Current Approval Amount

246117.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Paterson

Project County Name

PASSAIC

Project State

NJ

Project Zip

07513-1113

CD

NJ-09

Jobs Reported

32

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

246112.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

249665.19

Forgiveness Date

07/13/2022

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