PPP Loan information for Royal electric inc

$6,250

Royal electric inc was initially approved for PPP Loan of amount $6,250, the current approved amount is $6,250. The loan was approved on 05/18/2020 by The Pioneer Bank & Trust reported 1 jobs and $6,250 was used to fund payroll.

Royal electric inc is Existing or more than 2 years old

PPP Loan Search / SD / SPEARFISH / Royal electric inc

ROYAL ELECTRIC INC

Date Approved

05/18/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

ROYAL ELECTRIC INC

Borrower Address

821 N RAINBOW RD

Borrower City

SPEARFISH

Borrower State

SD

Borrower Zip

57783-6336

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6250.00

Current Approval Amount

6250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66436

Servicing Lender Name

Pioneer Bank & Trust

Servicing Lender Address

700 State St

Servicing Lender City

BELLE FOURCHE

Servicing Lender State

SD

Servicing Lender Zip

57717-1421

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPEARFISH

Project County Name

LAWRENCE

Project State

SD

Project Zip

57783-6336

CD

SD-

Jobs Reported

1

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6250.00

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

66436

Originating Lender

Pioneer Bank & Trust

Originating Lender City

BELLE FOURCHE

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6298.97

Forgiveness Date

03/03/2021

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