# PPP loan: ROYALE ENERGY INC
> **$208K** approved 04/13/2020 · Paid in Full · Loan `4919497103`
## Borrower
- **Name:** ROYALE ENERGY INC
- **Address:** 1870 CORDELL CT ste 210, EL CAJON, CA, 92020-0912
- **NAICS:** 211130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $156K
- **Utilities:** $52K
- **Jobs reported:** 12
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*