PPP Loan information for Royal trail works inc.

$62,974

Royal trail works inc. was initially approved for PPP Loan of amount $62,974, the current approved amount is $62,974. The loan was approved on 03/29/2021 by The Northfield Savings Bank reported 6 jobs and $62,974 was used to fund payroll.

Royal trail works inc. is Existing or more than 2 years old

PPP Loan Search / VT / South Royalton / Royal trail works inc.

ROYAL TRAIL WORKS INC.

Date Approved

03/29/2021

SBA Office Code

0150

Processing Method

PPP

Borrower Name

ROYAL TRAIL WORKS INC.

Borrower Address

25 Busy Hill Rd

Borrower City

South Royalton

Borrower State

VT

Borrower Zip

05068-5370

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62974.00

Current Approval Amount

62974.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73004

Servicing Lender Name

Northfield Savings Bank

Servicing Lender Address

33 S Main St

Servicing Lender City

NORTHFIELD

Servicing Lender State

VT

Servicing Lender Zip

05663-6703

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Royalton

Project County Name

WINDSOR

Project State

VT

Project Zip

05068-5370

CD

VT-

Jobs Reported

6

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62972.00

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

73004

Originating Lender

Northfield Savings Bank

Originating Lender City

NORTHFIELD

Originating Lender State

VT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63304.61

Forgiveness Date

10/06/2021

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