PPP Loan information for Royalty investment inc.

$206,771

Royalty investment inc. was initially approved for PPP Loan of amount $206,771, the current approved amount is $206,771. The loan was approved on 01/28/2021 by The Cross River Bank reported 22 jobs and $206,771 was used to fund payroll.

Royalty investment inc. is Existing or more than 2 years old

PPP Loan Search / MA / Wellesley / Royalty investment inc.

ROYALTY INVESTMENT INC.

Date Approved

01/28/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ROYALTY INVESTMENT INC.

Borrower Address

245 Washington St

Borrower City

Wellesley

Borrower State

MA

Borrower Zip

02481-3139

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

206771.00

Current Approval Amount

206771.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wellesley

Project County Name

NORFOLK

Project State

MA

Project Zip

02481-3139

CD

MA-04

Jobs Reported

22

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

206767.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

208238.22

Forgiveness Date

11/08/2021

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