PPP Loan information for Royal engineered composites, inc

$2,740,200

Royal engineered composites, inc was initially approved for PPP Loan of amount $2,740,200, the current approved amount is $2,740,200. The loan was approved on 04/03/2020 by The Five Points Bank reported 250 jobs and $2,740,200 was used to fund payroll.

Royal engineered composites, inc is Existing or more than 2 years old

PPP Loan Search / NE / MINDEN / Royal engineered composites, inc

ROYAL ENGINEERED COMPOSITES, INC

Date Approved

04/03/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

ROYAL ENGINEERED COMPOSITES, INC

Borrower Address

1046 E. 9th Street

Borrower City

MINDEN

Borrower State

NE

Borrower Zip

68959-2439

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2740200.00

Current Approval Amount

2740200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42205

Servicing Lender Name

Five Points Bank

Servicing Lender Address

2015 N Broadwell Ave

Servicing Lender City

GRAND ISLAND

Servicing Lender State

NE

Servicing Lender Zip

68803-2759

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINDEN

Project County Name

KEARNEY

Project State

NE

Project Zip

68959-2439

CD

NE-03

Jobs Reported

250

NAICS Code

336413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2740200.00

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

42205

Originating Lender

Five Points Bank

Originating Lender City

GRAND ISLAND

Originating Lender State

NE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2772625.70

Forgiveness Date

06/11/2021

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