PPP Loan information for Roy's body shop inc.
$337,635
Roy's body shop inc. was initially approved for PPP Loan of amount $337,635, the current approved amount is $337,635. The loan was approved on 05/18/2021 by The Farmers & Merchants Bank reported 27 jobs and $337,635 was used to fund payroll.
Roy's body shop inc. is Existing or more than 2 years old
ROY'S BODY SHOP INC.
Date Approved
05/18/2021
SBA Office Code
0373
Processing Method
PPS
Borrower Name
ROY'S BODY SHOP INC.
Borrower Address
5400 New Expansion Dr
Borrower City
Sykesville
Borrower State
MD
Borrower Zip
21784-9375
Loan Status Date
09/15/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
337635.38
Current Approval Amount
337635.38
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
30550
Servicing Lender Name
Farmers & Merchants Bank
Servicing Lender Address
15226 Hanover Pike
Servicing Lender City
UPPERCO
Servicing Lender State
MD
Servicing Lender Zip
21155-9749
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Sykesville
Project County Name
CARROLL
Project State
MD
Project Zip
21784-9375
CD
MD-02
Jobs Reported
27
NAICS Code
811121
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
0.00
Payroll Proceed
337635.38
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
Corporation
Originating Lender Location Id
30550
Originating Lender
Farmers & Merchants Bank
Originating Lender City
UPPERCO
Originating Lender State
MD
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
341890.51
Forgiveness Date
08/24/2022