PPP Loan information for Royal plus inc.

$1,048,710

Royal plus inc. was initially approved for PPP Loan of amount $1,048,710, the current approved amount is $1,048,710. The loan was approved on 02/01/2021 by The Loan Source Incorporated reported 92 jobs and $1,048,710 was used to fund payroll.

Royal plus inc. is Existing or more than 2 years old

ROYAL PLUS INC.

Date Approved

02/01/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ROYAL PLUS INC.

Borrower Address

201 Belt St

Borrower City

Snow Hill

Borrower State

MD

Borrower Zip

21863-1366

Loan Status Date

06/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1048710.00

Current Approval Amount

1048710.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Snow Hill

Project County Name

WORCESTER

Project State

MD

Project Zip

21863-1366

CD

MD-01

Jobs Reported

92

NAICS Code

562910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1048710.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1062357.60

Forgiveness Date

06/01/2022

;