PPP Loan information for Royal gas & oil co inc

$210,937

Royal gas & oil co inc was initially approved for PPP Loan of amount $210,937, the current approved amount is $210,937. The loan was approved on 03/31/2021 by The Loan Source Incorporated reported 17 jobs and $210,937 was used to fund payroll.

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

ROYAL GAS & OIL CO INC

Date Approved

03/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ROYAL GAS & OIL CO INC

Borrower Address

1710 Hilton Rd

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220-1912

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

210937.00

Current Approval Amount

210937.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ferndale

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-1912

CD

MI-11

Jobs Reported

17

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

210931.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

212647.61

Forgiveness Date

01/31/2022

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