PPP Loan information for Royal oak medical associates, p.c.

$395,100

Royal oak medical associates, p.c. was initially approved for PPP Loan of amount $395,100, the current approved amount is $395,100. The loan was approved on 04/05/2020 by The The Bank of Marion reported 43 jobs and $395,100 was used to fund payroll.

Royal oak medical associates, p.c. is Existing or more than 2 years old

PPP Loan Search / VA / MARION / Royal oak medical associates, p.c.

ROYAL OAK MEDICAL ASSOCIATES, P.C.

Date Approved

04/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ROYAL OAK MEDICAL ASSOCIATES, P.C.

Borrower Address

1616 N. Main Street, Ste. C

Borrower City

MARION

Borrower State

VA

Borrower Zip

24354-4398

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

395100.00

Current Approval Amount

395100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73524

Servicing Lender Name

The Bank of Marion

Servicing Lender Address

102 W Main St

Servicing Lender City

MARION

Servicing Lender State

VA

Servicing Lender Zip

24354-2514

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

SMYTH

Project State

VA

Project Zip

24354-4398

CD

VA-09

Jobs Reported

43

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7000.00

Payroll Proceed

324100.00

Mortgage Interest Proceed

0.00

Rent Proceed

45000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73524

Originating Lender

The Bank of Marion

Originating Lender City

MARION

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

400198.41

Forgiveness Date

07/29/2021

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