PPP Loan information for Royal machine works inc.

$13,442

Royal machine works inc. was initially approved for PPP Loan of amount $13,442, the current approved amount is $13,442. The loan was approved on 03/08/2021 by The Readycap Lending, LLC reported 1 jobs and $13,442 was used to fund payroll.

Royal machine works inc. is Existing or more than 2 years old

ROYAL MACHINE WORKS INC.

Date Approved

03/08/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ROYAL MACHINE WORKS INC.

Borrower Address

8936 Dismal River Rd

Borrower City

Oakwood

Borrower State

VA

Borrower Zip

24631-9643

Loan Status Date

09/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

13442.00

Current Approval Amount

13442.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Oakwood

Project County Name

BUCHANAN

Project State

VA

Project Zip

24631-9643

CD

VA-09

Jobs Reported

1

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

13441.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

13627.98

Forgiveness Date

08/01/2022

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