PPP Loan information for The royal telephone company

$30,752

The royal telephone company was initially approved for PPP Loan of amount $30,752, the current approved amount is $30,752. The loan was approved on 04/15/2020 by The Home State Bank reported 4 jobs and $30,752 was used to fund payroll.

The royal telephone company is Existing or more than 2 years old

PPP Loan Search / IA / ROYAL / The royal telephone company

THE ROYAL TELEPHONE COMPANY

Date Approved

04/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

THE ROYAL TELEPHONE COMPANY

Borrower Address

307 Main Street PO Box 80

Borrower City

ROYAL

Borrower State

IA

Borrower Zip

51357-0011

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30752.00

Current Approval Amount

30752.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25430

Servicing Lender Name

Home State Bank

Servicing Lender Address

202 3rd Ave

Servicing Lender City

ROYAL

Servicing Lender State

IA

Servicing Lender Zip

51357

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROYAL

Project County Name

CLAY

Project State

IA

Project Zip

51357-0011

CD

IA-04

Jobs Reported

4

NAICS Code

517311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1350.00

Payroll Proceed

29402.00

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

Corporation

Originating Lender Location Id

25430

Originating Lender

Home State Bank

Originating Lender City

ROYAL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30960.43

Forgiveness Date

12/22/2020

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