PPP Loan information for Royal express inc

$12,082

Royal express inc was initially approved for PPP Loan of amount $12,082, the current approved amount is $12,082. The loan was approved on 04/27/2020 by The First Merchants Bank reported 2 jobs and $12,082 was used to fund payroll.

Royal express inc is New Business or 2 years or less

ROYAL EXPRESS INC

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ROYAL EXPRESS INC

Borrower Address

1534 North State Rd 1

Borrower City

Cambridge City

Borrower State

IN

Borrower Zip

47327-9326

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12082.00

Current Approval Amount

12082.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Cambridge City

Project County Name

WAYNE

Project State

IN

Project Zip

47327-9326

CD

IN-06

Jobs Reported

2

NAICS Code

488490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12082.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12183.29

Forgiveness Date

03/11/2021

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