PPP Loan information for Royal cinemas, inc

$30,900

Royal cinemas, inc was initially approved for PPP Loan of amount $30,900, the current approved amount is $30,900. The loan was approved on 04/10/2020 by The First Bank reported 10 jobs and $30,900 was used to fund payroll.

Royal cinemas, inc is Existing or more than 2 years old

ROYAL CINEMAS, INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ROYAL CINEMAS, INC

Borrower Address

117 East Main St

Borrower City

FRONT ROYAL

Borrower State

VA

Borrower Zip

22630-3301

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30900.00

Current Approval Amount

30900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73903

Servicing Lender Name

First Bank

Servicing Lender Address

112 W King St

Servicing Lender City

STRASBURG

Servicing Lender State

VA

Servicing Lender Zip

22657-2220

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FRONT ROYAL

Project County Name

WARREN

Project State

VA

Project Zip

22630-3301

CD

VA-06

Jobs Reported

10

NAICS Code

512131

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30900.00

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

73903

Originating Lender

First Bank

Originating Lender City

STRASBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31259.64

Forgiveness Date

06/10/2021

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