PPP Loan information for Royal imports, inc.

$1,488,300

Royal imports, inc. was initially approved for PPP Loan of amount $1,488,300, the current approved amount is $1,488,300. The loan was approved on 04/27/2020 by The Live Oak Banking Company reported 141 jobs and $1,488,300 was used to fund payroll.

Royal imports, inc. is Existing or more than 2 years old

PPP Loan Search / DE / Newark / Royal imports, inc.

ROYAL IMPORTS, INC.

Date Approved

04/27/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

ROYAL IMPORTS, INC.

Borrower Address

230 E Cleveland Ave

Borrower City

Newark

Borrower State

DE

Borrower Zip

19711

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1488300.00

Current Approval Amount

1488300.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19711-0001

CD

DE-

Jobs Reported

141

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1488300.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1499717.10

Forgiveness Date

02/03/2021

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