# PPP loan: ROYAL CARE INC.
> **$1.52M** approved 05/01/2020 · Paid in Full · Loan `6559367703`
## Borrower
- **Name:** ROYAL CARE INC.
- **Address:** 15358 PARK ROW, HOUSTON, TX, 77084-2887
- **NAICS:** 621610
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.54M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.52M
- **Jobs reported:** 400
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*