PPP Loan information for Royalty electric llc

$118,245

Royalty electric llc was initially approved for PPP Loan of amount $118,245, the current approved amount is $118,245. The loan was approved on 02/04/2021 by The United Community Bank reported 12 jobs and $118,245 was used to fund payroll.

Royalty electric llc is Existing or more than 2 years old

PPP Loan Search / IL / Quincy / Royalty electric llc

ROYALTY ELECTRIC LLC

Date Approved

02/04/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ROYALTY ELECTRIC LLC

Borrower Address

215 S 4th St

Borrower City

Quincy

Borrower State

IL

Borrower Zip

62301-3913

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

118245.40

Current Approval Amount

118245.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20465

Servicing Lender Name

United Community Bank

Servicing Lender Address

301 N Main St

Servicing Lender City

CHATHAM

Servicing Lender State

IL

Servicing Lender Zip

62629-1019

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Quincy

Project County Name

ADAMS

Project State

IL

Project Zip

62301-3913

CD

IL-15

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

118244.40

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

Limited Liability Company(LLC)

Originating Lender Location Id

20465

Originating Lender

United Community Bank

Originating Lender City

CHATHAM

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

119552.67

Forgiveness Date

03/10/2022

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