PPP Loan information for Royal oak hospitality limited

$88,681

Royal oak hospitality limited was initially approved for PPP Loan of amount $88,681, the current approved amount is $88,681. The loan was approved on 01/20/2021 by The Bank of Ann Arbor reported 7 jobs and $88,681 was used to fund payroll.

Royal oak hospitality limited is Existing or more than 2 years old

ROYAL OAK HOSPITALITY LIMITED

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ROYAL OAK HOSPITALITY LIMITED

Borrower Address

502 W Lincoln Ave

Borrower City

Royal Oak

Borrower State

MI

Borrower Zip

48067-3134

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88680.90

Current Approval Amount

88680.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Royal Oak

Project County Name

OAKLAND

Project State

MI

Project Zip

48067-3134

CD

MI-11

Jobs Reported

7

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

88675.90

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89132.81

Forgiveness Date

08/02/2021

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