Date Approved
07/13/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
ROYAL CAROLINA CORP
Borrower Address
7305 OLD FRIENDLY ROAD
Borrower City
GREENSBORO
Borrower State
NC
Borrower Zip
27410-6236
Loan Status Date
03/20/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
319075.00
Current Approval Amount
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
Servicing Lender Zip
28202-1078
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
GUILFORD
Project State
Project Zip
CD
NC-06
Jobs Reported
31
NAICS Code
323111
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
320883.09
Forgiveness Date
02/11/2021