PPP Loan information for Royal bakery i, inc

$78,700

Royal bakery i, inc was initially approved for PPP Loan of amount $78,700, the current approved amount is $78,700. The loan was approved on 04/15/2020 by The Customers Bank reported 15 jobs and $78,700 was used to fund payroll.

Royal bakery i, inc is Existing or more than 2 years old

PPP Loan Search / MD / Olney / Royal bakery i, inc

ROYAL BAKERY I, INC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ROYAL BAKERY I, INC

Borrower Address

3490 Olney Laytonsville Road

Borrower City

Olney

Borrower State

MD

Borrower Zip

20832

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78700.00

Current Approval Amount

78700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Olney

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20832-1001

CD

MD-08

Jobs Reported

15

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78700.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79693.99

Forgiveness Date

08/13/2021

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