PPP Loan information for Royal bharat inc

$87,300

Royal bharat inc was initially approved for PPP Loan of amount $87,363, the current approved amount is $87,300. The loan was approved on 02/04/2021 by The Leader Bank, National Association reported 14 jobs and $87,300 was used to fund payroll.

Royal bharat inc is Existing or more than 2 years old

ROYAL BHARAT INC

Date Approved

02/04/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ROYAL BHARAT INC

Borrower Address

17 Central Sq

Borrower City

Cambridge

Borrower State

MA

Borrower Zip

02139-3310

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87363.00

Current Approval Amount

87300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262380

Servicing Lender Name

Leader Bank, National Association

Servicing Lender Address

180 Massachusetts Ave

Servicing Lender City

ARLINGTON

Servicing Lender State

MA

Servicing Lender Zip

02474-8448

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02139-3310

CD

MA-05

Jobs Reported

14

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87300.00

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

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88285.41

Forgiveness Date

04/13/2022

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