PPP Loan information for Royalty trucking inc.

$363,000

Royalty trucking inc. was initially approved for PPP Loan of amount $363,000, the current approved amount is $363,000. The loan was approved on 04/08/2020 by The The Farmers & Merchants State Bank reported 24 jobs and $363,000 was used to fund payroll.

Royalty trucking inc. is Existing or more than 2 years old

ROYALTY TRUCKING INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ROYALTY TRUCKING INC.

Borrower Address

7465 US Hwy 6

Borrower City

BUTLER

Borrower State

IN

Borrower Zip

46721

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

363000.00

Current Approval Amount

363000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUTLER

Project County Name

DE KALB

Project State

IN

Project Zip

46721-0001

CD

IN-03

Jobs Reported

24

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

363000.00

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

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

365008.93

Forgiveness Date

11/05/2020

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