PPP Loan information for Royal motors,inc.

$78,766

Royal motors,inc. was initially approved for PPP Loan of amount $78,766, the current approved amount is $78,766. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 6 jobs and $78,766 was used to fund payroll.

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

ROYAL MOTORS,INC.

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ROYAL MOTORS,INC.

Borrower Address

701 Cooper Rd

Borrower City

Voorhees

Borrower State

NJ

Borrower Zip

08043

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78766.40

Current Approval Amount

78766.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Voorhees

Project County Name

CAMDEN

Project State

NJ

Project Zip

08043-0001

CD

NJ-01

Jobs Reported

6

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59074.80

Mortgage Interest Proceed

0.00

Rent Proceed

19691.60

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79446.85

Forgiveness Date

03/02/2021

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