PPP Loan information for Royalty well service inc

$582,507

Royalty well service inc was initially approved for PPP Loan of amount $582,507, the current approved amount is $582,507. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 54 jobs and $582,507 was used to fund payroll.

Royalty well service inc is New Business or 2 years or less

ROYALTY WELL SERVICE INC

Date Approved

04/27/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

ROYALTY WELL SERVICE INC

Borrower Address

6000 EAST END BLVD S

Borrower City

MARSHALL

Borrower State

TX

Borrower Zip

75672

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

582507.00

Current Approval Amount

582507.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MARSHALL

Project County Name

HARRISON

Project State

TX

Project Zip

75672-0100

CD

TX-01

Jobs Reported

54

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

582507.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

591539.85

Forgiveness Date

11/18/2021

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