PPP Loan information for Royal li inc

$15,726

Royal li inc was initially approved for PPP Loan of amount $15,726, the current approved amount is $15,726. The loan was approved on 02/16/2021 by The Customers Bank reported 5 jobs and $15,726 was used to fund payroll.

Royal li inc is Existing or more than 2 years old

ROYAL LI INC

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

15726.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Leonardtown

Project County Name

SAINT MARYS

Project State

MD

Project Zip

20650-3771

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

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

15837.16

Forgiveness Date

11/03/2021

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