Royal Electric, Inc.

$370,800 PPP Loan in Sykesville, Maryland

Loan Details

Loan Number
9763707100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$370,800
Current Approval
$370,800
Forgiveness Amount
$375,178
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Royal Electric, Inc.
Address
7512 Main St.
ZIP Code
21784
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$10.2M
Rural/Urban
Rural
Congressional District
MD-02

Loan Use Breakdown

Payroll
$370,800

Lender Information

Servicing Lender
Acnb Bank
Originating Lender
Acnb Bank

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