Royal Enterprises Incorporated

$66,112 PPP Loan in Wanamingo, Minnesota

Loan Details

Loan Number
7074677001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$66,112
Current Approval
$66,112
Forgiveness Amount
$66,489
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Royal Enterprises Incorporated
Address
711 3rd Ave.
ZIP Code
55983-1478
Business Type
Subchapter S Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561730)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$55,000
Rent
$7,112
Utilities
$2,000
Mortgage Interest
$2,000

Lender Information

Servicing Lender
First Security Bank
Originating Lender
First Security Bank

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