# PPP loan: ROYALE BLUE HOSPITALITY LLC
> **$1.05M** approved 04/16/2020 · Paid in Full · Loan `2407177207`
## Borrower
- **Name:** ROYALE BLUE HOSPITALITY LLC
- **Address:** 1000 EL CONQUISTADOR AVE, FAJARDO, PR, 00738
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (102%)
- **Forgiveness date:** 10/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $784K
- **Rent:** $55K
- **Utilities:** $206K
- **Jobs reported:** 177
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*