PPP Loan information for Royal pool & spa inc

$47,000

Royal pool & spa inc was initially approved for PPP Loan of amount $47,000, the current approved amount is $47,000. The loan was approved on 04/27/2020 by The MidWestOne Bank reported 7 jobs and $47,000 was used to fund payroll.

Royal pool & spa inc is New Business or 2 years or less

ROYAL POOL & SPA INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ROYAL POOL & SPA INC

Borrower Address

2342 COUNTY RD J

Borrower City

WHITE BEAR LAKE

Borrower State

MN

Borrower Zip

55110

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47000.00

Current Approval Amount

47000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WHITE BEAR LAKE

Project County Name

RAMSEY

Project State

MN

Project Zip

55110-0011

CD

MN-04

Jobs Reported

7

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47000.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47520.92

Forgiveness Date

06/08/2021

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