PPP Loan information for Royalty foods

$10,772

Royalty foods was initially approved for PPP Loan of amount $10,772, the current approved amount is $10,772. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $10,772 was used to fund payroll.

Royalty foods is New Business or 2 years or less

ROYALTY FOODS

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ROYALTY FOODS

Borrower Address

230 JOHNSTON AVE

Borrower City

PLAINFIELD

Borrower State

NJ

Borrower Zip

07062-1431

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10772.00

Current Approval Amount

10772.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

PLAINFIELD

Project County Name

UNION

Project State

NJ

Project Zip

07062-1431

CD

NJ-12

Jobs Reported

4

NAICS Code

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10772.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10908.94

Forgiveness Date

08/12/2021

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