PPP Loan information for Royal restaurants, l.l.c.

$262,800

Royal restaurants, l.l.c. was initially approved for PPP Loan of amount $262,800, the current approved amount is $262,800. The loan was approved on 05/01/2020 by The Newtek Small Business Finance, Inc. reported 83 jobs and $262,800 was used to fund payroll.

Royal restaurants, l.l.c. is Existing or more than 2 years old

PPP Loan Search / LA / Ruston / Royal restaurants, l.l.c.

ROYAL RESTAURANTS, L.L.C.

Date Approved

05/01/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ROYAL RESTAURANTS, L.L.C.

Borrower Address

138 Griffin Rd

Borrower City

Ruston

Borrower State

LA

Borrower Zip

71270-1235

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262800.00

Current Approval Amount

262800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ruston

Project County Name

LINCOLN

Project State

LA

Project Zip

71270-1235

CD

LA-05

Jobs Reported

83

NAICS Code

722511

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

262800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

267851.60

Forgiveness Date

04/05/2022

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