PPP Loan information for Royco distributors, inc

$126,524

Royco distributors, inc was initially approved for PPP Loan of amount $126,524, the current approved amount is $126,524. The loan was approved on 04/11/2020 by The Athol Savings Bank reported 13 jobs and $126,524 was used to fund payroll.

Royco distributors, inc is Existing or more than 2 years old

PPP Loan Search / MA / GARDNER / Royco distributors, inc

ROYCO DISTRIBUTORS, INC

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ROYCO DISTRIBUTORS, INC

Borrower Address

211 COLONY RD

Borrower City

GARDNER

Borrower State

MA

Borrower Zip

01440-4233

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126524.00

Current Approval Amount

126524.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30964

Servicing Lender Name

Athol Savings Bank

Servicing Lender Address

388 Main Street

Servicing Lender City

ATHOL

Servicing Lender State

MA

Servicing Lender Zip

01331-2228

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARDNER

Project County Name

WORCESTER

Project State

MA

Project Zip

01440-4233

CD

MA-03

Jobs Reported

13

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

117808.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8716.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

30964

Originating Lender

Athol Savings Bank

Originating Lender City

ATHOL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127199.95

Forgiveness Date

11/03/2020

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