Royalty Electric, Inc.

$25,000 PPP Loan in Madison, Tennessee

Loan Details

Loan Number
5296907408
Date Approved
May 12, 2020
Loan Status
Paid in Full
Initial Approval
$25,000
Current Approval
$25,000
Forgiveness Amount
$25,232
Forgiveness Date
Apr 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Royalty Electric, Inc.
Address
205 Crete Trail
ZIP Code
37115
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TN-05

Loan Use Breakdown

Payroll
$25,000

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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