# PPP loan: ROYCE CORPORATION
> **$501K** approved 04/05/2020 · Exemption 4 · Loan `5594747003`
## Borrower
- **Name:** ROYCE CORPORATION
- **Address:** 3779 E FELIX BLVD, TUCSON, AZ, 85706-1925
- **NAICS:** 238140
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $411K (82%)
- **Forgiveness date:** 04/08/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $501K
- **Jobs reported:** 76
## Lender
- **Originating:** BOKF, National Association
- **Servicing:** BOKF, National Association (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*