# PPP loan: ROYAL ENVELOPE CORPORATION
> **$945K** approved 04/20/2021 · Paid in Full · Loan `6983848809`
## Borrower
- **Name:** ROYAL ENVELOPE CORPORATION
- **Address:** 4114 S. Peoria At., Chicago, IL, 60609
- **NAICS:** 322299
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $945K
- **Initial approval:** $945K
- **Forgiven:** $950K (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $945K
- **Jobs reported:** 80
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*