Royal Imports, Inc.

$1,488,300 PPP Loan in Newark, Delaware

Loan Details

Loan Number
4621597204
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,488,300
Current Approval
$1,488,300
Forgiveness Amount
$1,499,717
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Royal Imports, Inc.
Address
230 E Cleveland Ave
City
Newark
ZIP Code
19711
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
141
Estimated Revenue
$35.5M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$1,488,300

Lender Information

Servicing Lender
Live Oak Banking Company
Originating Lender
Live Oak Banking Company

Other PPP Loans in Newark, DE

BusinessApproved
Qps Holdings$6,666,700NewBizBotResearch
First State Orthopaedics$5,275,660NewBizBotResearch
Sobieski Consolidated INC$5,118,295NewBizBotResearch
Delaware Hospice, Inc.$3,483,900NewBizBotResearch
It Resources INC$3,333,400NewBizBotResearch

Want to research this company further?

Try NewBizBot free