PPP Loan information for Royal plumbing

$859,892

Royal plumbing was initially approved for PPP Loan of amount $540,000, the current approved amount is $859,892. The loan was approved on 06/05/2020 by The U.S. Bank, National Association reported 82 jobs and $859,892 was used to fund payroll.

Royal plumbing is Existing or more than 2 years old

PPP Loan Search / IA / PRAIRIE CITY / Royal plumbing

ROYAL PLUMBING

Date Approved

06/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ROYAL PLUMBING

Borrower Address

107 EAST ST S

Borrower City

PRAIRIE CITY

Borrower State

IA

Borrower Zip

50228

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

540000.00

Current Approval Amount

859892.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRAIRIE CITY

Project County Name

JASPER

Project State

IA

Project Zip

50228-0001

CD

IA-01

Jobs Reported

82

NAICS Code

238220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

859892.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

873387.53

Forgiveness Date

01/11/2022

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