PPP Loan information for Royal farms, inc.

$88,130

Royal farms, inc. was initially approved for PPP Loan of amount $88,130, the current approved amount is $88,130. The loan was approved on 04/10/2020 by The Alden State Bank reported 45 jobs and $88,130 was used to fund payroll.

Royal farms, inc. is Existing or more than 2 years old

PPP Loan Search / MI / ELLSWORTH / Royal farms, inc.

ROYAL FARMS, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROYAL FARMS, INC.

Borrower Address

10445 N US HIGHWAY 31

Borrower City

ELLSWORTH

Borrower State

MI

Borrower Zip

49729-9719

Loan Status Date

02/02/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88130.00

Current Approval Amount

88130.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33523

Servicing Lender Name

Alden State Bank

Servicing Lender Address

10564 Coy St

Servicing Lender City

ALDEN

Servicing Lender State

MI

Servicing Lender Zip

49612

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELLSWORTH

Project County Name

ANTRIM

Project State

MI

Project Zip

49729-9719

CD

MI-01

Jobs Reported

45

NAICS Code

115116

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88130.00

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

Subchapter S Corporation

Originating Lender Location Id

33523

Originating Lender

Alden State Bank

Originating Lender City

ALDEN

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81628.05

Forgiveness Date

11/30/2020

;