PPP Loan information for Royale construction inc

$400,900

Royale construction inc was initially approved for PPP Loan of amount $400,900, the current approved amount is $400,900. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 33 jobs and $400,900 was used to fund payroll.

Royale construction inc is Existing or more than 2 years old

PPP Loan Search / MD / Bowie / Royale construction inc

ROYALE CONSTRUCTION INC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ROYALE CONSTRUCTION INC

Borrower Address

8410 Zug Road

Borrower City

Bowie

Borrower State

MD

Borrower Zip

20715

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400900.00

Current Approval Amount

400900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bowie

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20715-1000

CD

MD-05

Jobs Reported

33

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3700.00

Payroll Proceed

368700.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

2500

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

404041.30

Forgiveness Date

02/04/2021

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