PPP Loan information for Royal foods company, inc

$865,300

Royal foods company, inc was initially approved for PPP Loan of amount $865,300, the current approved amount is $865,300. The loan was approved on 04/13/2020 by The Metro Bank reported 143 jobs and $865,300 was used to fund payroll.

Royal foods company, inc is Existing or more than 2 years old

PPP Loan Search / AL / PELL CITY / Royal foods company, inc

ROYAL FOODS COMPANY, INC

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ROYAL FOODS COMPANY, INC

Borrower Address

1620 19TH ST

Borrower City

PELL CITY

Borrower State

AL

Borrower Zip

35128-2232

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

865300.00

Current Approval Amount

865300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112867

Servicing Lender Name

Metro Bank

Servicing Lender Address

800 Martin St South

Servicing Lender City

PELL CITY

Servicing Lender State

AL

Servicing Lender Zip

35128-2133

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PELL CITY

Project County Name

SAINT CLAIR

Project State

AL

Project Zip

35128-2232

CD

AL-03

Jobs Reported

143

NAICS Code

311611

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

865300.00

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

112867

Originating Lender

Metro Bank

Originating Lender City

PELL CITY

Originating Lender State

AL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

873111.74

Forgiveness Date

03/09/2021

;