PPP Loan information for Royal roofing inc

$152,200

Royal roofing inc was initially approved for PPP Loan of amount $152,200, the current approved amount is $152,200. The loan was approved on 04/12/2020 by The MidWestOne Bank reported 15 jobs and $152,200 was used to fund payroll.

Royal roofing inc is Existing or more than 2 years old

PPP Loan Search / MN / MONTICELLO / Royal roofing inc

ROYAL ROOFING INC

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ROYAL ROOFING INC

Borrower Address

7472 Edmonson Ave NE

Borrower City

MONTICELLO

Borrower State

MN

Borrower Zip

55362-3068

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152200.00

Current Approval Amount

152200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

WRIGHT

Project State

MN

Project Zip

55362-3068

CD

MN-06

Jobs Reported

15

NAICS Code

238160

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9512.50

Payroll Proceed

114150.00

Mortgage Interest Proceed

9512.50

Rent Proceed

9512.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

9512.5

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

153104.74

Forgiveness Date

11/25/2020

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