# PPP loan: ROYAL FLOORING AND PAINTS OF IOWA, LLC
> **$518K** approved 04/06/2020 · Paid in Full · Loan `6301787006`
## Borrower
- **Name:** ROYAL FLOORING AND PAINTS OF IOWA, LLC
- **Address:** 11801 HICKMAN RD Ste 100, URBANDALE, IA, 50323-1802
- **NAICS:** 442210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $522K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $513K
- **Utilities:** $5K
- **Jobs reported:** 45
## Lender
- **Originating:** Boone Bank & Trust Co.
- **Servicing:** Boone Bank & Trust Co. (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*