PPP Loan information for The royal group inc

$467,300

The royal group inc was initially approved for PPP Loan of amount $467,300, the current approved amount is $467,300. The loan was approved on 04/12/2020 by The Berkshire Bank reported 40 jobs and $467,300 was used to fund payroll.

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

THE ROYAL GROUP INC

Date Approved

04/12/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

THE ROYAL GROUP INC

Borrower Address

150 WOODSTOCK AVE

Borrower City

RUTLAND

Borrower State

VT

Borrower Zip

05701-3521

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

467300.00

Current Approval Amount

467300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

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

05701-3521

CD

VT-

Jobs Reported

40

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

467300.00

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

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

470820.75

Forgiveness Date

01/28/2021

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