PPP Loan information for So royaltee collection co

$862,500

So royaltee collection co was initially approved for PPP Loan of amount $862,500, the current approved amount is $862,500. The loan was approved on 03/12/2021 by The Cross River Bank reported 50 jobs and $862,500 was used to fund payroll.

So royaltee collection co is Existing or more than 2 years old

SO ROYALTEE COLLECTION CO

Date Approved

03/12/2021

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SO ROYALTEE COLLECTION CO

Borrower Address

6240 Shenfield Ln

Borrower City

Union City

Borrower State

GA

Borrower Zip

30291-7117

Loan Status Date

03/27/2021

Loan Status

Charged Off

Term

36

SBA Guaranty Percentage

100

Initial Approval Amount

862500.00

Current Approval Amount

862500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Union City

Project County Name

FULTON

Project State

GA

Project Zip

30291-7117

CD

GA-13

Jobs Reported

50

NAICS Code

454110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

862499.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;