PPP Loan information for Royal li inc

$10,000

Royal li inc was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 04/30/2020 by The WebBank reported 5 jobs and $10,000 was used to fund payroll.

Royal li inc is Existing or more than 2 years old

ROYAL LI INC

Date Approved

04/30/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ROYAL LI INC

Borrower Address

40845 Merchants Lane #230

Borrower City

Leonardtown

Borrower State

MD

Borrower Zip

20650

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Leonardtown

Project County Name

SAINT MARYS

Project State

MD

Project Zip

20650-0001

CD

MD-05

Jobs Reported

5

NAICS Code

722310

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10000.00

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

Subchapter S Corporation

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10126.11

Forgiveness Date

07/29/2021

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