PPP Loan information for Royal plus electric inc

$264,520

Royal plus electric inc was initially approved for PPP Loan of amount $264,520, the current approved amount is $264,520. The loan was approved on 01/26/2021 by The Itria Ventures LLC reported 29 jobs and $264,520 was used to fund payroll.

Royal plus electric inc is Existing or more than 2 years old

PPP Loan Search / MD / OCEAN CITY / Royal plus electric inc

ROYAL PLUS ELECTRIC INC

Date Approved

01/26/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ROYAL PLUS ELECTRIC INC

Borrower Address

9939

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

264520.00

Current Approval Amount

264520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCEAN CITY

Project County Name

WORCESTER

Project State

MD

Project Zip

21842

CD

MD-01

Jobs Reported

29

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

264515.00

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

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

267598.72

Forgiveness Date

03/31/2022

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