PPP Loan information for Royal heating & air inc.

$231,200

Royal heating & air inc. was initially approved for PPP Loan of amount $231,200, the current approved amount is $231,200. The loan was approved on 04/06/2020 by The 1st Source Bank reported 23 jobs and $231,200 was used to fund payroll.

Royal heating & air inc. is Existing or more than 2 years old

PPP Loan Search / IN / CROWN POINT / Royal heating & air inc.

ROYAL HEATING & AIR INC.

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ROYAL HEATING & AIR INC.

Borrower Address

970 Hub St

Borrower City

CROWN POINT

Borrower State

IN

Borrower Zip

46307

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

231200.00

Current Approval Amount

231200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CROWN POINT

Project County Name

LAKE

Project State

IN

Project Zip

46307-0001

CD

IN-01

Jobs Reported

23

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

231200.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

233255.11

Forgiveness Date

02/25/2021

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