PPP Loan information for Royal corporation inc.

$88,442

Royal corporation inc. was initially approved for PPP Loan of amount $88,442, the current approved amount is $88,442. The loan was approved on 02/25/2021 by The Amboy Bank reported 11 jobs and $88,442 was used to fund payroll.

Royal corporation inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Elizabeth / Royal corporation inc.

ROYAL CORPORATION INC.

Date Approved

02/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ROYAL CORPORATION INC.

Borrower Address

511 Spring St

Borrower City

Elizabeth

Borrower State

NJ

Borrower Zip

07201-1933

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88441.99

Current Approval Amount

88441.99

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43940

Servicing Lender Name

Amboy Bank

Servicing Lender Address

3590 US Hwy 9 South

Servicing Lender City

OLD BRIDGE

Servicing Lender State

NJ

Servicing Lender Zip

08857-2765

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elizabeth

Project County Name

UNION

Project State

NJ

Project Zip

07201-1933

CD

NJ-08

Jobs Reported

11

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88441.99

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

43940

Originating Lender

Amboy Bank

Originating Lender City

OLD BRIDGE

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88955.44

Forgiveness Date

09/28/2021

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