PPP Loan information for Royal homes inc.

$406,000

Royal homes inc. was initially approved for PPP Loan of amount $406,000, the current approved amount is $406,000. The loan was approved on 04/28/2020 by The First-Citizens Bank & Trust Company reported 40 jobs and $406,000 was used to fund payroll.

Royal homes inc. is New Business or 2 years or less

ROYAL HOMES INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ROYAL HOMES INC.

Borrower Address

3113 Aspen Ave.

Borrower City

Henrico

Borrower State

VA

Borrower Zip

23228

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

406000.00

Current Approval Amount

406000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Henrico

Project County Name

HENRICO

Project State

VA

Project Zip

23228-0001

CD

VA-04

Jobs Reported

40

NAICS Code

238160

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

406000.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

410849.75

Forgiveness Date

07/19/2021

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