# PPP loan: THE ROYAL PROMOTION GROUP, INC,
> **$499K** approved 05/01/2020 · Paid in Full · Loan `5817027705`
## Borrower
- **Name:** THE ROYAL PROMOTION GROUP, INC,
- **Address:** 119 W 57th St Ste 906, New York, NY, 10019
- **NAICS:** 339950
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $499K
- **Initial approval:** $499K
- **Forgiven:** $510K (102%)
- **Forgiveness date:** 09/09/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $499K
- **Jobs reported:** 32
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*