PPP Loan information for Royalcare, inc.

$94,200

Royalcare, inc. was initially approved for PPP Loan of amount $94,200, the current approved amount is $94,200. The loan was approved on 04/28/2020 by The Community Choice CU reported 6 jobs and $94,200 was used to fund payroll.

Royalcare, inc. is Existing or more than 2 years old

ROYALCARE, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROYALCARE, INC.

Borrower Address

7125 Orchard Lake Road Suite 300

Borrower City

West Bloomfield

Borrower State

MI

Borrower Zip

48322

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94200.00

Current Approval Amount

94200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99304

Servicing Lender Name

Community Choice CU

Servicing Lender Address

31155 Northwestern Hwy, Ste 188

Servicing Lender City

FARMINGTON HILLS

Servicing Lender State

MI

Servicing Lender Zip

48334-2503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Bloomfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48322-0899

CD

MI-11

Jobs Reported

6

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

94200.00

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

Non-Profit Organization

Originating Lender Location Id

99304

Originating Lender

Community Choice CU

Originating Lender City

FARMINGTON HILLS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

94838.47

Forgiveness Date

01/07/2021

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