# PPP loan: ROYAL BUSINESS SYSTEMS INC
> **$230K** approved 04/06/2020 · Paid in Full · Loan `6065497010`
## Borrower
- **Name:** ROYAL BUSINESS SYSTEMS INC
- **Address:** PO BOX 173, COLBERT, WA, 99005-0173
- **NAICS:** 423420
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Jobs reported:** 21
## Lender
- **Originating:** Washington Trust Bank
- **Servicing:** Washington Trust Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*