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Royal Ac INC

$223,000 PPP Loan in Cypress, Texas

Loan Details

Loan Number
8979047010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$223,000
Current Approval
$223,000
Forgiveness Amount
$226,004
Forgiveness Date
Aug 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Royal Ac INC
Address
12718 Woodworth Dr
City
Cypress
State
Texas
ZIP Code
77429-5081
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
99
Estimated Revenue
$31.3M
Rural/Urban
Urban
Congressional District
TX-10

Loan Use Breakdown

Payroll
$167,250
Rent
$33,450
Utilities
$22,300

Lender Information

Servicing Lender
Wallis Bank
Originating Lender
Wallis Bank

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