# PPP loan: ROY'S BODY SHOP INC.
> **$338K** approved 05/18/2021 · Paid in Full · Loan `2930989004`
## Borrower
- **Name:** ROY'S BODY SHOP INC.
- **Address:** 5400 New Expansion Dr, Sykesville, MD, 21784-9375
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 08/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $338K
- **Jobs reported:** 27
## Lender
- **Originating:** Farmers & Merchants Bank
- **Servicing:** Farmers & Merchants Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*