PPP Loan information for Royal waterbeds inc

$259,500

Royal waterbeds inc was initially approved for PPP Loan of amount $259,500, the current approved amount is $259,500. The loan was approved on 04/09/2020 by The Commerce Bank reported 20 jobs and $259,500 was used to fund payroll.

Royal waterbeds inc is Existing or more than 2 years old

ROYAL WATERBEDS INC

Date Approved

04/09/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

ROYAL WATERBEDS INC

Borrower Address

2440 ADIE RD

Borrower City

MARYLAND HEIGHTS

Borrower State

MO

Borrower Zip

63043-3504

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259500.00

Current Approval Amount

259500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARYLAND HEIGHTS

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63043-3504

CD

MO-01

Jobs Reported

20

NAICS Code

442110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197000.00

Mortgage Interest Proceed

0.00

Rent Proceed

62500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

261770.62

Forgiveness Date

02/25/2021

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