PPP Loan information for Royal distributors, llc

$156,120

Royal distributors, llc was initially approved for PPP Loan of amount $156,120, the current approved amount is $156,120. The loan was approved on 04/13/2020 by The Valley National Bank reported 14 jobs and $156,120 was used to fund payroll.

Royal distributors, llc is Existing or more than 2 years old

PPP Loan Search / NJ / TOTOWA / Royal distributors, llc

ROYAL DISTRIBUTORS, LLC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ROYAL DISTRIBUTORS, LLC

Borrower Address

50 Maltese Dr

Borrower City

TOTOWA

Borrower State

NJ

Borrower Zip

07512-1403

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156120.00

Current Approval Amount

156120.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOTOWA

Project County Name

PASSAIC

Project State

NJ

Project Zip

07512-1403

CD

NJ-11

Jobs Reported

14

NAICS Code

424410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

156120.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

157611.81

Forgiveness Date

03/31/2021

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