Royal Aire INC

$646,023 PPP Loan in Chico, California

Loan Details

Loan Number
7802407109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$646,023
Current Approval
$646,023
Forgiveness Amount
$650,165
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Royal Aire INC
Address
2530 Zanella Way
City
Chico
ZIP Code
95928
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$15.2M
Rural/Urban
Urban
Congressional District
CA-01

Loan Use Breakdown

Payroll
$636,333
Rent
$6,460
Utilities
$3,230

Lender Information

Servicing Lender
Banner Bank
Originating Lender
Banner Bank

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