PPP Loan information for Royal banana company, inc.

$672,667

Royal banana company, inc. was initially approved for PPP Loan of amount $672,667, the current approved amount is $672,667. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 41 jobs and $672,667 was used to fund payroll.

Royal banana company, inc. is Existing or more than 2 years old

ROYAL BANANA COMPANY, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROYAL BANANA COMPANY, INC.

Borrower Address

7201 W. Fort Street 0.0

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48209-2977

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

672667.00

Current Approval Amount

672667.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48209-2977

CD

MI-13

Jobs Reported

41

NAICS Code

424480

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

672667.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

681255.09

Forgiveness Date

07/26/2021

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