# PPP loan: ROYAL INDUSTRIES, INC.
> **$1.91M** approved 04/15/2020 · Paid in Full · Loan `2163787205`
## Borrower
- **Name:** ROYAL INDUSTRIES, INC.
- **Address:** 1299 E. PHILLIPS BLVD, POMONA, CA, 91766-5429
- **NAICS:** 337110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.91M
- **Initial approval:** $1.91M
- **Forgiven:** $1.93M (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.83M
- **Health care:** $80K
- **Jobs reported:** 182
## Lender
- **Originating:** SMBC MANUBANK
- **Servicing:** SMBC MANUBANK (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*