PPP Loan information for Royal pallets, inc.

$245,300

Royal pallets, inc. was initially approved for PPP Loan of amount $245,300, the current approved amount is $245,300. The loan was approved on 04/14/2020 by The Grand River Bank reported 28 jobs and $245,300 was used to fund payroll.

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

PPP Loan Search / MI / Grandville / Royal pallets, inc.

ROYAL PALLETS, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROYAL PALLETS, INC.

Borrower Address

0 PO Box 507

Borrower City

Grandville

Borrower State

MI

Borrower Zip

49468-0507

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245300.00

Current Approval Amount

245300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

464533

Servicing Lender Name

Grand River Bank

Servicing Lender Address

4471 Wilson Ave SW

Servicing Lender City

GRANDVILLE

Servicing Lender State

MI

Servicing Lender Zip

49418-2366

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grandville

Project County Name

KENT

Project State

MI

Project Zip

49468-0507

CD

MI-03

Jobs Reported

28

NAICS Code

321920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

245300.00

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

464533

Originating Lender

Grand River Bank

Originating Lender City

GRANDVILLE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

247087.67

Forgiveness Date

01/14/2021

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