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 04/15/2020 by The Calvin B. Taylor Banking Company reported 23 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

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ROYAL PLUS ELECTRIC, INC.

Borrower Address

9939 JERRY MACK RD, Suite 400

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842-9240

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

264520.00

Current Approval Amount

264520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30471

Servicing Lender Name

Calvin B. Taylor Banking Company

Servicing Lender Address

24 N Main St

Servicing Lender City

BERLIN

Servicing Lender State

MD

Servicing Lender Zip

21811-1029

Rural Urban Indicator

R

Hubzone Indicator

Y

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

21842-9240

CD

MD-01

Jobs Reported

23

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

264520.00

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

30471

Originating Lender

Calvin B. Taylor Banking Company

Originating Lender City

BERLIN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

266056.39

Forgiveness Date

11/23/2020

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