PPP Loan information for Royal alliance industries inc

$52,336

Royal alliance industries inc was initially approved for PPP Loan of amount $52,336, the current approved amount is $52,336. The loan was approved on 06/14/2020 by The Fed – Kabbage reported 10 jobs and $52,336 was used to fund payroll.

Royal alliance industries inc is Existing or more than 2 years old

ROYAL ALLIANCE INDUSTRIES INC

Date Approved

06/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROYAL ALLIANCE INDUSTRIES INC

Borrower Address

1701W. Hamilton Rd

Borrower City

Rochester Hills

Borrower State

MI

Borrower Zip

48309

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52336.00

Current Approval Amount

52336.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

593324

Servicing Lender Name

Fed – Kabbage

Servicing Lender Address

925B Peachtree Street NE

Servicing Lender City

Atlanta

Servicing Lender State

GA

Servicing Lender Zip

30309

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48309-0899

CD

MI-10

Jobs Reported

10

NAICS Code

423710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52336.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52672.96

Forgiveness Date

02/09/2021

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