PPP Loan information for Royal midwest inc

$21,600

Royal midwest inc was initially approved for PPP Loan of amount $21,600, the current approved amount is $21,600. The loan was approved on 04/09/2020 by The Federation Bank reported 9 jobs and $21,600 was used to fund payroll.

Royal midwest inc is Existing or more than 2 years old

PPP Loan Search / IA / WASHINGTON / Royal midwest inc

ROYAL MIDWEST INC

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ROYAL MIDWEST INC

Borrower Address

112 N IOWA AVE

Borrower City

WASHINGTON

Borrower State

IA

Borrower Zip

52353-2002

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21600.00

Current Approval Amount

21600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24616

Servicing Lender Name

Federation Bank

Servicing Lender Address

300 S Iowa Ave

Servicing Lender City

Washington

Servicing Lender State

IA

Servicing Lender Zip

52353

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

WASHINGTON

Project State

IA

Project Zip

52353-2002

CD

IA-01

Jobs Reported

9

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

21600.00

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

24616

Originating Lender

Federation Bank

Originating Lender City

Washington

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

21701.19

Forgiveness Date

10/13/2020

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