PPP Loan information for Royal systems, inc.

$40,828

Royal systems, inc. was initially approved for PPP Loan of amount $40,828, the current approved amount is $40,828. The loan was approved on 04/15/2020 by The BMO Harris Bank National Association reported 2 jobs and $40,828 was used to fund payroll.

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

ROYAL SYSTEMS, INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ROYAL SYSTEMS, INC.

Borrower Address

800 E NORTHWEST HWY SUITE 530

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60074

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40827.50

Current Approval Amount

40827.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60074-0100

CD

IL-05

Jobs Reported

2

NAICS Code

519130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40827.50

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

Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41210.05

Forgiveness Date

04/01/2021

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