PPP Loan information for Royal business equipment company

$26,890

Royal business equipment company was initially approved for PPP Loan of amount $26,890, the current approved amount is $26,890. The loan was approved on 04/14/2020 by The The Huntington National Bank reported 3 jobs and $26,890 was used to fund payroll.

Royal business equipment company is Existing or more than 2 years old

ROYAL BUSINESS EQUIPMENT COMPANY

Date Approved

04/14/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

ROYAL BUSINESS EQUIPMENT COMPANY

Borrower Address

591 Cleveland St

Borrower City

ELYRIA

Borrower State

OH

Borrower Zip

44035-2376

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26890.00

Current Approval Amount

26890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELYRIA

Project County Name

LORAIN

Project State

OH

Project Zip

44035-05ND

CD

OH-05

Jobs Reported

3

NAICS Code

333613

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26890.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27159.64

Forgiveness Date

04/29/2021

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