# PPP loan: ROYAL EXECUTIVE SUITES INC.
> **$209K** approved 02/03/2021 · Paid in Full · Loan `2085288404`
## Borrower
- **Name:** ROYAL EXECUTIVE SUITES INC.
- **Address:** 1600 Tongass Ave, Ketchikan, AK, 99901-6014
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $210K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $209K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*