PPP Loan information for Royal motors

$3,641

Royal motors was initially approved for PPP Loan of amount $3,641, the current approved amount is $3,641. The loan was approved on 04/15/2020 by The Skyline National Bank reported 2 jobs and $3,641 was used to fund payroll.

Royal motors is Existing or more than 2 years old

PPP Loan Search / NC / YADKINVILLE / Royal motors

ROYAL MOTORS

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ROYAL MOTORS

Borrower Address

2236 HOOTS RD

Borrower City

YADKINVILLE

Borrower State

NC

Borrower Zip

27055-6677

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3641.00

Current Approval Amount

3641.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73473

Servicing Lender Name

Skyline National Bank

Servicing Lender Address

113 W Main St

Servicing Lender City

INDEPENDENCE

Servicing Lender State

VA

Servicing Lender Zip

24348

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

YADKINVILLE

Project County Name

YADKIN

Project State

NC

Project Zip

27055-6677

CD

NC-05

Jobs Reported

2

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

910.25

Payroll Proceed

2730.75

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

73473

Originating Lender

Skyline National Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

3681.30

Forgiveness Date

06/03/2021

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