PPP Loan information for Royal food service co inc

$3,569,938

Royal food service co inc was initially approved for PPP Loan of amount $3,525,639, the current approved amount is $3,569,938. The loan was approved on 04/09/2020 by The Truist Bank reported 245 jobs and $3,569,938 was used to fund payroll.

Royal food service co inc is Existing or more than 2 years old

ROYAL FOOD SERVICE CO INC

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ROYAL FOOD SERVICE CO INC

Borrower Address

3720 ZIP INDUSTRIAL BLVD SE

Borrower City

ATLANTA

Borrower State

GA

Borrower Zip

30354-2937

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3525638.95

Current Approval Amount

3569938.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ATLANTA

Project County Name

FULTON

Project State

GA

Project Zip

30354-2937

CD

GA-05

Jobs Reported

245

NAICS Code

424410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3569938.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3611091.45

Forgiveness Date

06/11/2021

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