PPP Loan information for Royale comfort seating inc

$716,000

Royale comfort seating inc was initially approved for PPP Loan of amount $716,000, the current approved amount is $716,000. The loan was approved on 04/14/2020 by The First-Citizens Bank & Trust Company reported 124 jobs and $716,000 was used to fund payroll.

Royale comfort seating inc is New Business or 2 years or less

PPP Loan Search / NC / TAYLORSVILLE / Royale comfort seating inc

ROYALE COMFORT SEATING INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ROYALE COMFORT SEATING INC

Borrower Address

140 ALSPAUGH DAM RD

Borrower City

TAYLORSVILLE

Borrower State

NC

Borrower Zip

28681

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

716000.00

Current Approval Amount

716000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

TAYLORSVILLE

Project County Name

ALEXANDER

Project State

NC

Project Zip

28681-0001

CD

NC-10

Jobs Reported

124

NAICS Code

337121

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

716000.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

722532.27

Forgiveness Date

03/23/2021

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