PPP Loan information for Roy's body shop inc.

$337,635

Roy's body shop inc. was initially approved for PPP Loan of amount $337,635, the current approved amount is $337,635. The loan was approved on 05/18/2021 by The Farmers & Merchants Bank reported 27 jobs and $337,635 was used to fund payroll.

Roy's body shop inc. is Existing or more than 2 years old

ROY'S BODY SHOP INC.

Date Approved

05/18/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ROY'S BODY SHOP INC.

Borrower Address

5400 New Expansion Dr

Borrower City

Sykesville

Borrower State

MD

Borrower Zip

21784-9375

Loan Status Date

09/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

337635.38

Current Approval Amount

337635.38

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sykesville

Project County Name

CARROLL

Project State

MD

Project Zip

21784-9375

CD

MD-02

Jobs Reported

27

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

337635.38

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

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

341890.51

Forgiveness Date

08/24/2022

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