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 04/09/2020 by The Wallis Bank reported 99 jobs and $223,000 was used to fund payroll.

Royal ac inc is Existing or more than 2 years old

ROYAL AC INC

Date Approved

04/09/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

ROYAL AC INC

Borrower Address

12718 WOODWORTH DR

Borrower City

CYPRESS

Borrower State

TX

Borrower Zip

77429-5081

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

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

99

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22300.00

Payroll Proceed

167250.00

Mortgage Interest Proceed

0.00

Rent Proceed

33450.00

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

226004.31

Forgiveness Date

08/23/2021

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