# PPP loan: ROYAL LOGISTICS INC
> **$750K** approved 04/05/2020 · Paid in Full · Loan `5281397004`
## Borrower
- **Name:** ROYAL LOGISTICS INC
- **Address:** 4083 37th St. N, FARGO, ND, 58102-6223
- **NAICS:** 484122
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $750K
- **Initial approval:** $750K
- **Forgiven:** $756K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $750K
- **Jobs reported:** 61
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*