PPP Loan information for Royal independence inc.

$185,668

Royal independence inc. was initially approved for PPP Loan of amount $185,668, the current approved amount is $185,668. The loan was approved on 02/13/2021 by The United Roosevelt Savings Bank reported 30 jobs and $185,668 was used to fund payroll.

Royal independence inc. is Existing or more than 2 years old

ROYAL INDEPENDENCE INC.

Date Approved

02/13/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ROYAL INDEPENDENCE INC.

Borrower Address

1275 US Highway 1

Borrower City

Avenel

Borrower State

NJ

Borrower Zip

07001-1647

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

185668.00

Current Approval Amount

185668.00

Undisbursed Amount

0.00

Franchise Name

Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice Hotels

Servicing Lender Location Id

81415

Servicing Lender Name

United Roosevelt Savings Bank

Servicing Lender Address

11-15 Cooke Ave

Servicing Lender City

CARTERET

Servicing Lender State

NJ

Servicing Lender Zip

07008-2667

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Avenel

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07001-1647

CD

NJ-06

Jobs Reported

30

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

185665.00

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

81415

Originating Lender

United Roosevelt Savings Bank

Originating Lender City

CARTERET

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

187885.84

Forgiveness Date

05/05/2022

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