PPP Loan information for Royal ac inc

$223,000

Royal ac inc was initially approved for PPP Loan of amount $223,000, the current approved amount is $223,000. The loan was approved on 02/05/2021 by The Wallis Bank reported 15 jobs and $223,000 was used to fund payroll.

Royal ac inc is Existing or more than 2 years old

PPP Loan Search / TX / Cypress / Royal ac inc

ROYAL AC INC

Date Approved

02/05/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

ROYAL AC INC

Borrower Address

12718 Woodworth Dr

Borrower City

Cypress

Borrower State

TX

Borrower Zip

77429-5081

Loan Status Date

08/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

223000.00

Current Approval Amount

223000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72083

Servicing Lender Name

Wallis Bank

Servicing Lender Address

6510 Railroad St

Servicing Lender City

WALLIS

Servicing Lender State

TX

Servicing Lender Zip

77485-9186

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cypress

Project County Name

HARRIS

Project State

TX

Project Zip

77429-5081

CD

TX-10

Jobs Reported

15

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

222994.00

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

Corporation

Originating Lender Location Id

72083

Originating Lender

Wallis Bank

Originating Lender City

WALLIS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

226252.08

Forgiveness Date

07/18/2022

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