# PPP loan: ROYALLE DINING SERVICES INC
> **$507K** approved 02/26/2021 · Exemption 4 · Loan `4979328510`
## Borrower
- **Name:** ROYALLE DINING SERVICES INC
- **Address:** 900 Keith Ln, Owings, MD, 20736-3105
- **NAICS:** 722515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $507K
- **Initial approval:** $440K
- **Forgiven:** $464K (91%)
- **Forgiveness date:** 12/14/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $507K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*