# PPP loan: ROYAL COMMERCIAL REFRIGERATION
> **$220K** approved 04/10/2020 · Paid in Full · Loan `1272347109`
## Borrower
- **Name:** ROYAL COMMERCIAL REFRIGERATION
- **Address:** 216 N RALPH ST, CLAXTON, GA, 30417-1547
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $221K (100%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Mortgage interest:** $2K
- **Utilities:** $4K
- **Jobs reported:** 17
## Lender
- **Originating:** Glennville Bank
- **Servicing:** Glennville Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*