PPP Loan information for Royaltech inc

$37,275

Royaltech inc was initially approved for PPP Loan of amount $37,275, the current approved amount is $37,275. The loan was approved on 02/11/2021 by The Eastern Bank reported 5 jobs and $37,275 was used to fund payroll.

Royaltech inc is Existing or more than 2 years old

ROYALTECH INC

Date Approved

02/11/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ROYALTECH INC

Borrower Address

1792 Massachusetts Ave

Borrower City

Lexington

Borrower State

MA

Borrower Zip

02420-5302

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37275.00

Current Approval Amount

37275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lexington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02420-5302

CD

MA-05

Jobs Reported

5

NAICS Code

517911

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

37272.00

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

Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37549.39

Forgiveness Date

11/09/2021

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