Royce Apparel, INC

$475,463 PPP Loan in Salisbury, North Carolina

Loan Details

Loan Number
6583257106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$475,463
Current Approval
$475,463
Forgiveness Amount
$480,138
Forgiveness Date
Apr 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Royce Apparel, INC
Address
408 Long Meadow
ZIP Code
28147-8201
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424320)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$18.3M
Rural/Urban
Rural
Congressional District
NC-08

Loan Use Breakdown

Payroll
$391,403
Rent
$52,506
Utilities
$8,442
Health Care
$17,670
Debt Interest
$5,442

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
Onewest Bank, a Division of First-Citizens Bank and Trust Company

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