PPP Loan information for Royal bedding manufacturing inc

$60,000

Royal bedding manufacturing inc was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 04/16/2020 by The Truist Bank reported 5 jobs and $60,000 was used to fund payroll.

Royal bedding manufacturing inc is Existing or more than 2 years old

ROYAL BEDDING MANUFACTURING INC

Date Approved

04/16/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ROYAL BEDDING MANUFACTURING INC

Borrower Address

2829 Pelham Parkway

Borrower City

PELHAM

Borrower State

AL

Borrower Zip

35124-0001

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELHAM

Project County Name

SHELBY

Project State

AL

Project Zip

35124-0001

CD

AL-06

Jobs Reported

5

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60696.67

Forgiveness Date

06/16/2021

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