# PPP loan: ROYAL QUALITY MAINTENANCE INC
> **$244K** approved 05/07/2020 · Paid in Full · Loan `3320117409`
## Borrower
- **Name:** ROYAL QUALITY MAINTENANCE INC
- **Address:** 414 Peachtree Street, Rocky Mount, NC, 27804-4833
- **NAICS:** 561720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Jobs reported:** 99
## Lender
- **Originating:** Providence Bank
- **Servicing:** Providence Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*