PPP Loan information for Royal hospitality inc

$182,060

Royal hospitality inc was initially approved for PPP Loan of amount $182,060, the current approved amount is $182,060. The loan was approved on 02/06/2021 by The Sandy Spring Bank reported 32 jobs and $182,060 was used to fund payroll.

Royal hospitality inc is Existing or more than 2 years old

PPP Loan Search / MD / Columbia / Royal hospitality inc

ROYAL HOSPITALITY INC

Date Approved

02/06/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ROYAL HOSPITALITY INC

Borrower Address

9130 Guilford Rd Ste A

Borrower City

Columbia

Borrower State

MD

Borrower Zip

21046-1803

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

182060.00

Current Approval Amount

182060.00

Undisbursed Amount

0.00

Franchise Name

Days Inn by Wyndham

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Columbia

Project County Name

HOWARD

Project State

MD

Project Zip

21046-1803

CD

MD-03

Jobs Reported

32

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

182054.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

183591.30

Forgiveness Date

12/21/2021

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