PPP Loan information for Royal united lc

$163,000

Royal united lc was initially approved for PPP Loan of amount $163,000, the current approved amount is $163,000. The loan was approved on 05/05/2020 by The ServisFirst Bank reported 10 jobs and $163,000 was used to fund payroll.

Royal united lc is Existing or more than 2 years old

ROYAL UNITED LC

Date Approved

05/05/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

ROYAL UNITED LC

Borrower Address

4460 TILE DR

Borrower City

NORTH CHARLESTON

Borrower State

SC

Borrower Zip

29405-8400

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

163000.00

Current Approval Amount

163000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH CHARLESTON

Project County Name

CHARLESTON

Project State

SC

Project Zip

29405-8400

CD

SC-06

Jobs Reported

10

NAICS Code

423440

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3500.00

Payroll Proceed

140900.00

Mortgage Interest Proceed

0.00

Rent Proceed

18200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

400

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

163996.11

Forgiveness Date

12/15/2020

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