Royal Plus Electric, Inc.

$264,520 PPP Loan in Ocean City, Maryland

Loan Details

Loan Number
9517057100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$264,520
Current Approval
$264,520
Forgiveness Amount
$266,056
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Royal Plus Electric, Inc.
Address
9939 Jerry Mack Rd, Suite 400
ZIP Code
21842-9240
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$264,520

Lender Information

Servicing Lender
Calvin B. Taylor Banking Company
Originating Lender
Calvin B. Taylor Banking Company

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