PPP Loan information for Royal brass, inc.

$2,628,855

Royal brass, inc. was initially approved for PPP Loan of amount $2,628,855, the current approved amount is $2,628,855. The loan was approved on 04/08/2020 by The First Horizon Bank reported 240 jobs and $2,628,855 was used to fund payroll.

Royal brass, inc. is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Royal brass, inc.

ROYAL BRASS, INC.

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ROYAL BRASS, INC.

Borrower Address

1470 Amherst Road

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37909-1201

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

2628855.00

Current Approval Amount

2628855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37909-1201

CD

TN-02

Jobs Reported

240

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50000.00

Payroll Proceed

2218855.00

Mortgage Interest Proceed

0.00

Rent Proceed

250000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

110000

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2662299.88

Forgiveness Date

07/27/2021

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