Royal Foundations INC

$645,800 PPP Loan in Gordonsville, Virginia

Loan Details

Loan Number
1467747100
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$645,800
Current Approval
$645,800
Forgiveness Amount
$649,424
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Royal Foundations INC
Address
14186 Madison Run Rd
ZIP Code
22942-8604
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$15.2M
Rural/Urban
Rural
Congressional District
VA-07

Loan Use Breakdown

Payroll
$594,800
Rent
$22,000
Utilities
$1,000
Refinance EIDL
$28,000

Lender Information

Servicing Lender
Blue Ridge Bank, National Association
Originating Lender
Blue Ridge Bank, National Association

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