PPP Loan information for Royal baking corp

$396,897

Royal baking corp was initially approved for PPP Loan of amount $396,897, the current approved amount is $396,897. The loan was approved on 04/28/2020 by The Valley National Bank reported 53 jobs and $396,897 was used to fund payroll.

Royal baking corp is Existing or more than 2 years old

PPP Loan Search / NJ / Moonachie / Royal baking corp

ROYAL BAKING CORP

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ROYAL BAKING CORP

Borrower Address

8 Empire Blvd

Borrower City

Moonachie

Borrower State

NJ

Borrower Zip

07074

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

396897.00

Current Approval Amount

396897.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Moonachie

Project County Name

BERGEN

Project State

NJ

Project Zip

07074-1000

CD

NJ-09

Jobs Reported

53

NAICS Code

311812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

396897.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

400380.87

Forgiveness Date

03/18/2021

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