# PPP loan: ROYAL OIL & GAS CORPORATION
> **$365K** approved 04/14/2020 · Paid in Full · Loan `6063487101`
## Borrower
- **Name:** ROYAL OIL & GAS CORPORATION
- **Address:** 1 Indian Springs Rd, INDIANA, PA, 15701-3634
- **NAICS:** 213111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $368K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Rent:** $4K
- **Health care:** $57K
- **Debt interest:** $88K
- **Jobs reported:** 22
## Lender
- **Originating:** Citizens Bank
- **Servicing:** Citizens Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*