PPP Loan information for Royal gas and oil co

$224,711

Royal gas and oil co was initially approved for PPP Loan of amount $224,711, the current approved amount is $224,711. The loan was approved on 04/08/2020 by The The State Bank reported 18 jobs and $224,711 was used to fund payroll.

Royal gas and oil co is Existing or more than 2 years old

PPP Loan Search / MI / EMMETT / Royal gas and oil co

ROYAL GAS AND OIL CO

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROYAL GAS AND OIL CO

Borrower Address

1710 Hilton

Borrower City

EMMETT

Borrower State

MI

Borrower Zip

48022-1912

Loan Status Date

05/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224711.00

Current Approval Amount

224711.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EMMETT

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48022-1912

CD

MI-09

Jobs Reported

18

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

224711.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226841.14

Forgiveness Date

03/31/2021

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