PPP Loan information for Royal electronics inc

$123,964

Royal electronics inc was initially approved for PPP Loan of amount $123,964, the current approved amount is $123,964. The loan was approved on 04/15/2020 by The Cross River Bank reported 17 jobs and $123,964 was used to fund payroll.

Royal electronics inc is Existing or more than 2 years old

ROYAL ELECTRONICS INC

Date Approved

04/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

ROYAL ELECTRONICS INC

Borrower Address

15829 STAGG ST

Borrower City

VAN NUYS

Borrower State

CA

Borrower Zip

91406-1922

Loan Status Date

05/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123964.00

Current Approval Amount

123964.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VAN NUYS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91406-1922

CD

CA-29

Jobs Reported

17

NAICS Code

423920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

123964.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125152.70

Forgiveness Date

04/08/2021

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