# PPP loan: ROYCE CORPORATION
> **$755K** approved 04/03/2020 · Paid in Full · Loan `4395867007`
## Borrower
- **Name:** ROYCE CORPORATION
- **Address:** 20900 NE 30TH AVE Suite 102, MIAMI, FL, 33180-2100
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $755K
- **Initial approval:** $1.14M
- **Forgiven:** $762K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $548K
- **Rent:** $2K
- **Mortgage interest:** $7K
- **Utilities:** $9K
- **Health care:** $55K
- **Debt interest:** $133K
- **Jobs reported:** 47
## Lender
- **Originating:** Amerant Bank, National Association
- **Servicing:** Amerant Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*