# PPP loan: ROYAL INDUSTRIES INC.
> **$1.91M** approved 03/20/2021 · Paid in Full · Loan `6048148603`
## Borrower
- **Name:** ROYAL INDUSTRIES INC.
- **Address:** 1299 E Phillips Blvd, Pomona, CA, 91766-5429
- **NAICS:** 337110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.91M
- **Initial approval:** $1.91M
- **Forgiven:** $1.92M (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.91M
- **Jobs reported:** 178
## Lender
- **Originating:** SMBC MANUBANK
- **Servicing:** SMBC MANUBANK (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*