PPP Loan information for Royal automotive, inc

$1,088,652

Royal automotive, inc was initially approved for PPP Loan of amount $1,088,652, the current approved amount is $1,088,652. The loan was approved on 04/07/2020 by The CB&S Bank reported 117 jobs and $1,088,652 was used to fund payroll.

Royal automotive, inc is Existing or more than 2 years old

PPP Loan Search / AL / BIRMINGHAM / Royal automotive, inc

ROYAL AUTOMOTIVE, INC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ROYAL AUTOMOTIVE, INC

Borrower Address

3010 Columbiana Road

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35216-3507

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1088652.00

Current Approval Amount

1088652.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3228

Servicing Lender Name

CB&S Bank

Servicing Lender Address

200 Jackson Ave South

Servicing Lender City

RUSSELLVILLE

Servicing Lender State

AL

Servicing Lender Zip

35653-2234

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35216-3507

CD

AL-06

Jobs Reported

117

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

816489.00

Mortgage Interest Proceed

0.00

Rent Proceed

272163.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

3228

Originating Lender

CB&S Bank

Originating Lender City

RUSSELLVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1098177.71

Forgiveness Date

02/25/2021

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