PPP Loan information for Royal motors, inc.

$729,300

Royal motors, inc. was initially approved for PPP Loan of amount $729,300, the current approved amount is $729,300. The loan was approved on 04/09/2020 by The Old National Bank reported 62 jobs and $729,300 was used to fund payroll.

Royal motors, inc. is Existing or more than 2 years old

PPP Loan Search / IN / BLOOMINGTON / Royal motors, inc.

ROYAL MOTORS, INC.

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ROYAL MOTORS, INC.

Borrower Address

3115 S. Walnut Street

Borrower City

BLOOMINGTON

Borrower State

IN

Borrower Zip

47401-7338

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

729300.00

Current Approval Amount

729300.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

MONROE

Project State

IN

Project Zip

47401-7338

CD

IN-09

Jobs Reported

62

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

729300.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

733595.88

Forgiveness Date

11/18/2020

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