PPP Loan information for Royal innovations

$7,200

Royal innovations was initially approved for PPP Loan of amount $12,500, the current approved amount is $7,200. The loan was approved on 02/08/2021 by The Newtek Small Business Finance, Inc. reported 1 jobs and $7,200 was used to fund payroll.

Royal innovations is Existing or more than 2 years old

ROYAL INNOVATIONS

Date Approved

02/08/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ROYAL INNOVATIONS

Borrower Address

1510 Mooring Rd

Borrower City

Tarboro

Borrower State

NC

Borrower Zip

27886-5179

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

7200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tarboro

Project County Name

EDGECOMBE

Project State

NC

Project Zip

27886-5179

CD

NC-01

Jobs Reported

1

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7223.40

Forgiveness Date

08/26/2021

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