# PPP loan: ROYAL TRUCK AND EQUIPMENT INC
> **$825K** approved 04/14/2020 · Paid in Full · Loan `6155237104`
## Borrower
- **Name:** ROYAL TRUCK AND EQUIPMENT INC
- **Address:** 6910 N ROUTE 309, COOPERSBURG, PA, 18036-1131
- **NAICS:** 336120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $825K
- **Initial approval:** $825K
- **Forgiven:** $833K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $825K
- **Jobs reported:** 65
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*