PPP Loan information for Royals contracing inc

$630,600

Royals contracing inc was initially approved for PPP Loan of amount $686,200, the current approved amount is $630,600. The loan was approved on 04/14/2020 by The North State Bank reported 44 jobs and $630,600 was used to fund payroll.

Royals contracing inc is Existing or more than 2 years old

ROYALS CONTRACING INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ROYALS CONTRACING INC

Borrower Address

PO Box 91359

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27609

Loan Status Date

11/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

686200.00

Current Approval Amount

630600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124643

Servicing Lender Name

North State Bank

Servicing Lender Address

6204 Falls of Neuse Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-3506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27609-0008

CD

NC-02

Jobs Reported

44

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

630600.00

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

Corporation

Originating Lender Location Id

124643

Originating Lender

North State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

637303.36

Forgiveness Date

05/21/2021

;