PPP Loan information for South royal corporation

$139,200

South royal corporation was initially approved for PPP Loan of amount $139,200, the current approved amount is $139,200. The loan was approved on 04/08/2020 by The Sanibel Captiva Community Bank reported 25 jobs and $139,200 was used to fund payroll.

South royal corporation is Existing or more than 2 years old

SOUTH ROYAL CORPORATION

Date Approved

04/08/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

SOUTH ROYAL CORPORATION

Borrower Address

1538 Cape Coral Parkway E

Borrower City

CAPE CORAL

Borrower State

FL

Borrower Zip

33904-9610

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139200.00

Current Approval Amount

139200.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

317474

Servicing Lender Name

Sanibel Captiva Community Bank

Servicing Lender Address

2475 Library Way

Servicing Lender City

SANIBEL

Servicing Lender State

FL

Servicing Lender Zip

33957-3215

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CAPE CORAL

Project County Name

LEE

Project State

FL

Project Zip

33904-9610

CD

FL-19

Jobs Reported

25

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

139200.00

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

317474

Originating Lender

Sanibel Captiva Community Bank

Originating Lender City

SANIBEL

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

140367.73

Forgiveness Date

02/16/2021

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