PPP Loan information for Royal products inc

$12,798

Royal products inc was initially approved for PPP Loan of amount $12,798, the current approved amount is $12,798. The loan was approved on 04/08/2020 by The FreedomBank reported 3 jobs and $12,798 was used to fund payroll.

Royal products inc is Existing or more than 2 years old

PPP Loan Search / IA / Elkader / Royal products inc

ROYAL PRODUCTS INC

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ROYAL PRODUCTS INC

Borrower Address

305 NE High St

Borrower City

Elkader

Borrower State

IA

Borrower Zip

52043

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12798.47

Current Approval Amount

12798.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24995

Servicing Lender Name

FreedomBank

Servicing Lender Address

210 S Main St

Servicing Lender City

ELKADER

Servicing Lender State

IA

Servicing Lender Zip

52043-9078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elkader

Project County Name

CLAYTON

Project State

IA

Project Zip

52043-0001

CD

IA-02

Jobs Reported

3

NAICS Code

811411

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12798.47

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

24995

Originating Lender

FreedomBank

Originating Lender City

ELKADER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12868.86

Forgiveness Date

11/02/2020

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