Date Approved
02/24/2021
SBA Office Code
0474
Processing Method
PPS
Borrower Name
ROYALTY ELECTRIC INC
Borrower Address
205 Crete Trl
Borrower City
Madison
Borrower State
TN
Borrower Zip
37115-5642
Loan Status Date
10/15/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
24987.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
529471
Servicing Lender Name
Itria Ventures LLC
Servicing Lender Address
One Penn Plaza, Suite 4530
Servicing Lender City
New York
Servicing Lender State
NY
Servicing Lender Zip
10119
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DAVIDSON
Project State
Project Zip
CD
TN-05
Jobs Reported
4
NAICS Code
238210
Race
Black or African American
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
25128.40
Forgiveness Date
09/27/2021