Date Approved
02/16/2021
SBA Office Code
0373
Processing Method
PPS
Borrower Name
ROYAL LI INC
Borrower Address
40845 Merchants Ln Unit 230
Borrower City
Leonardtown
Borrower State
MD
Borrower Zip
20650-3771
Loan Status Date
11/23/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
15726.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
121536
Servicing Lender Name
Customers Bank
Servicing Lender Address
40 General Warren Blvd
Servicing Lender City
Malvern
Servicing Lender State
PA
Servicing Lender Zip
19355
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SAINT MARYS
Project State
Project Zip
CD
MD-05
Jobs Reported
5
NAICS Code
722310
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
15720.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
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
15837.16
Forgiveness Date
11/03/2021