PPP Loan information for Royal tire, inc.

$2,504,100

Royal tire, inc. was initially approved for PPP Loan of amount $2,504,100, the current approved amount is $2,504,100. The loan was approved on 04/07/2020 by The Bremer Bank, National Association reported 204 jobs and $2,504,100 was used to fund payroll.

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

PPP Loan Search / MN / SAINT CLOUD / Royal tire, inc.

ROYAL TIRE, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ROYAL TIRE, INC.

Borrower Address

3955 Roosevelt Road

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56301-9531

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2504100.00

Current Approval Amount

2504100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

STEARNS

Project State

MN

Project Zip

56301-9531

CD

MN-06

Jobs Reported

204

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2504100.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2533394.54

Forgiveness Date

06/14/2021

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