# PPP loan: THE ROYAL TERN GROUP LLC
> **$412K** approved 01/23/2021 · Paid in Full · Loan `4562148302`
## Borrower
- **Name:** THE ROYAL TERN GROUP LLC
- **Address:** 3005 Maybank Hwy, Johns Island, SC, 29455-4813
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $412K
- **Initial approval:** $412K
- **Forgiven:** $416K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $412K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*