Royal Plus Electric INC

$264,520 PPP Loan in Ocean City, Maryland

Loan Details

Loan Number
6182298309
Date Approved
Jan 26, 2021
Loan Status
Paid in Full
Initial Approval
$264,520
Current Approval
$264,520
Forgiveness Amount
$267,599
Forgiveness Date
Mar 31, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Royal Plus Electric INC
Address
9939
ZIP Code
21842
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$9.5M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$264,515
Utilities
$1

Lender Information

Servicing Lender
Itria Ventures LLC
Originating Lender
Itria Ventures LLC

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