# PPP loan: ROYALE COMFORT SEATING INC.
> **$674K** approved 02/04/2021 · Paid in Full · Loan `3329018406`
## Borrower
- **Name:** ROYALE COMFORT SEATING INC.
- **Address:** 140 Alspaugh Dam Rd, Taylorsville, NC, 28681-4632
- **NAICS:** 337121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $674K
- **Initial approval:** $674K
- **Forgiven:** $679K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $674K
- **Utilities:** $1
- **Jobs reported:** 110
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*