PPP Loan information for Royell manufacturing inc.

$2,966,842

Royell manufacturing inc. was initially approved for PPP Loan of amount $2,966,842, the current approved amount is $2,966,842. The loan was approved on 04/09/2020 by The Loan Source Incorporated reported 190 jobs and $2,966,842 was used to fund payroll.

Royell manufacturing inc. is Existing or more than 2 years old

ROYELL MANUFACTURING INC.

Date Approved

04/09/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

ROYELL MANUFACTURING INC.

Borrower Address

3817 SMITH AVE

Borrower City

EVERETT

Borrower State

WA

Borrower Zip

98201-4547

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2966842.00

Current Approval Amount

2966842.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EVERETT

Project County Name

SNOHOMISH

Project State

WA

Project Zip

98201-4547

CD

WA-02

Jobs Reported

190

NAICS Code

336413

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

67256.00

Payroll Proceed

2367428.00

Mortgage Interest Proceed

0.00

Rent Proceed

211274.00

Refinance EIDL Proceed

0.00

Health Care Proceed

255431.00

Debt Interest Proceed

65453

Business Type

Subchapter S Corporation

Originating Lender Location Id

90426

Originating Lender

Pacific Premier Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3007077.25

Forgiveness Date

08/25/2021

;