Royal Truck and Trailer Sales & Service Inc.

$2,027,774 PPP Loan in Wixom, Michigan

Loan Details

Loan Number
7517137003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$2,027,774
Current Approval
$2,027,774
Forgiveness Amount
$2,051,496
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Royal Truck and Trailer Sales & Service Inc.
Address
28930 S Wixom Rd
City
Wixom
ZIP Code
48393-3416
Business Type
Corporation
Industry (NAICS)
Retail Trade (441228)
Business Age
Existing or more than 2 years old
Jobs Reported
150
Estimated Revenue
$39.2M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$2,027,774

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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