PPP Loan information for Royal design & manufacturing, inc.

$180,150

Royal design & manufacturing, inc. was initially approved for PPP Loan of amount $180,150, the current approved amount is $180,150. The loan was approved on 04/28/2020 by The Independent Bank reported 11 jobs and $180,150 was used to fund payroll.

Royal design & manufacturing, inc. is Existing or more than 2 years old

PPP Loan Search / MI / MADISON HEIGHTS / Royal design & manufacturing, inc.

ROYAL DESIGN & MANUFACTURING, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROYAL DESIGN & MANUFACTURING, INC.

Borrower Address

32401 Stephenson Hwy

Borrower City

MADISON HEIGHTS

Borrower State

MI

Borrower Zip

48071-5521

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180150.00

Current Approval Amount

180150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON HEIGHTS

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-5521

CD

MI-11

Jobs Reported

11

NAICS Code

332410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

180150.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

182474.68

Forgiveness Date

08/16/2021

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