PPP Loan information for Royal rents inc

$167,000

Royal rents inc was initially approved for PPP Loan of amount $167,000, the current approved amount is $167,000. The loan was approved on 04/15/2020 by The Community Bank of Mississippi reported 24 jobs and $167,000 was used to fund payroll.

Royal rents inc is Existing or more than 2 years old

ROYAL RENTS INC

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ROYAL RENTS INC

Borrower Address

3018 LAKEWOOD DR STE A

Borrower City

PHENIX CITY

Borrower State

AL

Borrower Zip

36867-2455

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

167000.00

Current Approval Amount

167000.00

Undisbursed Amount

0.00

Franchise Name

Aaron's

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PHENIX CITY

Project County Name

RUSSELL

Project State

AL

Project Zip

36867-2455

CD

AL-03

Jobs Reported

24

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23534.85

Payroll Proceed

140289.66

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3175.49

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

168454.96

Forgiveness Date

03/09/2021

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