PPP Loan information for Royalty inn llc

$74,300

Royalty inn llc was initially approved for PPP Loan of amount $74,300, the current approved amount is $74,300. The loan was approved on 04/11/2020 by The Maine Community Bank reported 18 jobs and $74,300 was used to fund payroll.

Royalty inn llc is Existing or more than 2 years old

ROYALTY INN LLC

Date Approved

04/11/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

ROYALTY INN LLC

Borrower Address

130 Main Strert

Borrower City

GORHAM

Borrower State

NH

Borrower Zip

03581

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74300.00

Current Approval Amount

74300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29614

Servicing Lender Name

Maine Community Bank

Servicing Lender Address

254 Main St

Servicing Lender City

BIDDEFORD

Servicing Lender State

ME

Servicing Lender Zip

04005-2400

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GORHAM

Project County Name

COOS

Project State

NH

Project Zip

03581-0001

CD

NH-02

Jobs Reported

18

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

59300.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

29614

Originating Lender

Maine Community Bank

Originating Lender City

BIDDEFORD

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74776.76

Forgiveness Date

12/08/2020

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