Royal Roofing INC

$152,200 PPP Loan in Monticello, Minnesota

Loan Details

Loan Number
3867737106
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$152,200
Current Approval
$152,200
Forgiveness Amount
$153,105
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Royal Roofing INC
Address
7472 Edmonson Ave NE
ZIP Code
55362-3068
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238160)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$114,150
Rent
$9,513
Utilities
$9,513
Mortgage Interest
$9,513
Debt Interest
$9,513

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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