PPP Loan information for Royalty rentals, llc.

$75,000

Royalty rentals, llc. was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 05/19/2020 by The James Polk Stone Community Bank reported 15 jobs and $75,000 was used to fund payroll.

Royalty rentals, llc. is New Business or 2 years or less

PPP Loan Search / NM / HOBBS / Royalty rentals, llc.

ROYALTY RENTALS, LLC.

Date Approved

05/19/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

ROYALTY RENTALS, LLC.

Borrower Address

820 W Broadway

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45931

Servicing Lender Name

James Polk Stone Community Bank

Servicing Lender Address

109 E 2nd St

Servicing Lender City

PORTALES

Servicing Lender State

NM

Servicing Lender Zip

88130-6203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HOBBS

Project County Name

LEA

Project State

NM

Project Zip

88240-0200

CD

NM-03

Jobs Reported

15

NAICS Code

532284

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7500.00

Payroll Proceed

60000.00

Mortgage Interest Proceed

7500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

45931

Originating Lender

James Polk Stone Community Bank

Originating Lender City

PORTALES

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75483.33

Forgiveness Date

01/07/2021

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