PPP Loan information for Royal electric llc

$20,833

Royal electric llc was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 05/18/2021 by The Navy FCU reported 1 jobs and $20,833 was used to fund payroll.

Royal electric llc is Existing or more than 2 years old

PPP Loan Search / DE / Bear / Royal electric llc

ROYAL ELECTRIC LLC

Date Approved

05/18/2021

SBA Office Code

0341

Processing Method

PPP

Borrower Name

ROYAL ELECTRIC LLC

Borrower Address

115 N Gabriel Dr

Borrower City

Bear

Borrower State

DE

Borrower Zip

19701-4827

Loan Status Date

12/20/2022

Loan Status

Charged Off

Term

40

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

93956

Servicing Lender Name

Navy FCU

Servicing Lender Address

820 Follin Ln

Servicing Lender City

VIENNA

Servicing Lender State

VA

Servicing Lender Zip

22180-4907

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bear

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19701-4827

CD

DE-

Jobs Reported

1

NAICS Code

238210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20828.00

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

Single Member LLC

Originating Lender Location Id

93956

Originating Lender

Navy FCU

Originating Lender City

VIENNA

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;