# PPP loan: ROYAL IMPORTS INC
> **$209K** approved 03/26/2021 · Charged Off · Loan `1188648708`
## Borrower
- **Name:** ROYAL IMPORTS INC
- **Address:** 2110 2nd Avenue North N/A, Bessemer, AL, 35020
- **NAICS:** 441120
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Status:** Charged Off
- **Term:** 25 months
## Use of funds
- **Payroll:** $209K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*