PPP Loan information for Royalton lumber, inc

$84,500

Royalton lumber, inc was initially approved for PPP Loan of amount $84,500, the current approved amount is $84,500. The loan was approved on 04/06/2020 by The Pine Country Bank reported 7 jobs and $84,500 was used to fund payroll.

Royalton lumber, inc is Existing or more than 2 years old

PPP Loan Search / MN / ROYALTON / Royalton lumber, inc

ROYALTON LUMBER, INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ROYALTON LUMBER, INC

Borrower Address

209 West Centre St

Borrower City

ROYALTON

Borrower State

MN

Borrower Zip

56373-9113

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84500.00

Current Approval Amount

84500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38806

Servicing Lender Name

Pine Country Bank

Servicing Lender Address

1201 First Ave Northeast

Servicing Lender City

LITTLE FALLS

Servicing Lender State

MN

Servicing Lender Zip

56345-3302

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROYALTON

Project County Name

MORRISON

Project State

MN

Project Zip

56373-9113

CD

MN-07

Jobs Reported

7

NAICS Code

444190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3500.00

Payroll Proceed

66000.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38806

Originating Lender

Pine Country Bank

Originating Lender City

LITTLE FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85023.43

Forgiveness Date

11/25/2020

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