PPP Loan information for Regal trading inc

$1,208,890

Regal trading inc was initially approved for PPP Loan of amount $1,208,890, the current approved amount is $1,208,890. The loan was approved on 02/04/2021 by The Bank of America, National Association reported 114 jobs and $1,208,890 was used to fund payroll.

Regal trading inc is Existing or more than 2 years old

PPP Loan Search / NJ / Totowa / Regal trading inc

REGAL TRADING INC

Date Approved

02/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

REGAL TRADING INC

Borrower Address

721 Union Blvd

Borrower City

Totowa

Borrower State

NJ

Borrower Zip

07512-2207

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1208890.00

Current Approval Amount

1208890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Totowa

Project County Name

PASSAIC

Project State

NJ

Project Zip

07512-2207

CD

NJ-11

Jobs Reported

114

NAICS Code

311920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1208890.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1219157.28

Forgiveness Date

12/16/2021

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