PPP Loan information for Royal industries international, inc

$643,632

Royal industries international, inc was initially approved for PPP Loan of amount $643,632, the current approved amount is $643,632. The loan was approved on 01/29/2021 by The Bank of America, National Association reported 80 jobs and $643,632 was used to fund payroll.

Royal industries international, inc is Existing or more than 2 years old

PPP Loan Search / PA / Allentown / Royal industries international, inc

ROYAL INDUSTRIES INTERNATIONAL, INC

Date Approved

01/29/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ROYAL INDUSTRIES INTERNATIONAL, INC

Borrower Address

1135 Plymouth St

Borrower City

Allentown

Borrower State

PA

Borrower Zip

18109-1541

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

643632.00

Current Approval Amount

643632.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Allentown

Project County Name

LEHIGH

Project State

PA

Project Zip

18109-1541

CD

PA-07

Jobs Reported

80

NAICS Code

326111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

643629.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

651073.44

Forgiveness Date

03/31/2022

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