PPP Loan information for The royal group inc

$467,325

The royal group inc was initially approved for PPP Loan of amount $467,325, the current approved amount is $467,325. The loan was approved on 02/05/2021 by The Loan Source Incorporated reported 40 jobs and $467,325 was used to fund payroll.

The royal group inc is Existing or more than 2 years old

THE ROYAL GROUP INC

Date Approved

02/05/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

THE ROYAL GROUP INC

Borrower Address

150 Woodstock Ave

Borrower City

Rutland

Borrower State

VT

Borrower Zip

05701-3656

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

467325.00

Current Approval Amount

467325.00

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

Existing or more than 2 years old

Project City

Rutland

Project County Name

RUTLAND

Project State

VT

Project Zip

05701-3656

CD

VT-

Jobs Reported

40

NAICS Code

811490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

467323.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

471255.65

Forgiveness Date

12/16/2021

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