PPP Loan information for Royal hospitality inc

$118,000

Royal hospitality inc was initially approved for PPP Loan of amount $118,000, the current approved amount is $118,000. The loan was approved on 04/07/2020 by The Sandy Spring Bank reported 14 jobs and $118,000 was used to fund payroll.

Royal hospitality inc is Existing or more than 2 years old

PPP Loan Search / MD / COLLEGE PARK / Royal hospitality inc

ROYAL HOSPITALITY INC

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ROYAL HOSPITALITY INC

Borrower Address

9113 Baltimore Ave

Borrower City

COLLEGE PARK

Borrower State

MD

Borrower Zip

20740-1313

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118000.00

Current Approval Amount

118000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLLEGE PARK

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20740-1313

CD

MD-04

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

118000.00

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

119344.88

Forgiveness Date

06/11/2021

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