PPP Loan information for Royale inc.

$338,333

Royale inc. was initially approved for PPP Loan of amount $338,333, the current approved amount is $338,333. The loan was approved on 04/07/2020 by The Superior National Bank reported 26 jobs and $338,333 was used to fund payroll.

Royale inc. is Existing or more than 2 years old

PPP Loan Search / MI / CALUMET / Royale inc.

ROYALE INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROYALE INC.

Borrower Address

58629 Wolverine St

Borrower City

CALUMET

Borrower State

MI

Borrower Zip

49913-6934

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

338332.79

Current Approval Amount

338332.79

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35292

Servicing Lender Name

Superior National Bank

Servicing Lender Address

235 Quincy St

Servicing Lender City

HANCOCK

Servicing Lender State

MI

Servicing Lender Zip

49930-1816

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CALUMET

Project County Name

HOUGHTON

Project State

MI

Project Zip

49913-6934

CD

MI-01

Jobs Reported

26

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10800.00

Payroll Proceed

297432.00

Mortgage Interest Proceed

0.00

Rent Proceed

26768.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3332.79

Business Type

Corporation

Originating Lender Location Id

35292

Originating Lender

Superior National Bank

Originating Lender City

HANCOCK

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

340242.28

Forgiveness Date

11/03/2020

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