PPP Loan information for Royal auto parts corp

$243,932

Royal auto parts corp was initially approved for PPP Loan of amount $243,932, the current approved amount is $243,932. The loan was approved on 04/28/2020 by The Valley National Bank reported 30 jobs and $243,932 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

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ROYAL AUTO PARTS CORP

Borrower Address

610 E 32ND ST

Borrower City

PATERSON

Borrower State

NJ

Borrower Zip

07513

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243932.00

Current Approval Amount

243932.00

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

07513-1000

CD

NJ-09

Jobs Reported

30

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

243932.00

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

246825.30

Forgiveness Date

07/08/2021

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