Royal Air Freight Inc.

$1,671,112 PPP Loan in Waterford, Michigan

Loan Details

Loan Number
4775357107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,671,112
Current Approval
$1,671,112
Forgiveness Amount
$1,690,309
Forgiveness Date
Jun 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Royal Air Freight Inc.
Address
2141 Airport Rd 0.0
ZIP Code
48327-1207
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (481212)
Business Age
Existing or more than 2 years old
Jobs Reported
114
Estimated Revenue
$28.9M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$1,497,545
Utilities
$33,862
Health Care
$139,705

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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