PPP Loan information for Royal systems corp

$56,650

Royal systems corp was initially approved for PPP Loan of amount $56,650, the current approved amount is $56,650. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 40 jobs and $56,650 was used to fund payroll.

Royal systems corp is Existing or more than 2 years old

ROYAL SYSTEMS CORP

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ROYAL SYSTEMS CORP

Borrower Address

1368 RATZER RD

Borrower City

WAYNE

Borrower State

NJ

Borrower Zip

07470

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56650.00

Current Approval Amount

56650.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYNE

Project County Name

PASSAIC

Project State

NJ

Project Zip

07470-1200

CD

NJ-11

Jobs Reported

40

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

53650.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57384.06

Forgiveness Date

08/23/2021

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