PPP Loan information for Royal battery inc

$26,450

Royal battery inc was initially approved for PPP Loan of amount $26,450, the current approved amount is $26,450. The loan was approved on 04/27/2020 by The Eastern Bank reported 2 jobs and $26,450 was used to fund payroll.

Royal battery inc is New Business or 2 years or less

ROYAL BATTERY INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ROYAL BATTERY INC

Borrower Address

705 R EASTERN AVE

Borrower City

MALDEN

Borrower State

MA

Borrower Zip

02148

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26450.00

Current Approval Amount

26450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MALDEN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02148-0001

CD

MA-05

Jobs Reported

2

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26450.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26698.34

Forgiveness Date

04/08/2021

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