# PPP loan: ROYELL COMMUNICATIONS INC
> **$237K** approved 04/07/2020 · Paid in Full · Loan `7278347009`
## Borrower
- **Name:** ROYELL COMMUNICATIONS INC
- **Address:** 126 N HOBSON ST, VIRDEN, IL, 62690-1281
- **NAICS:** 517312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Jobs reported:** 25
## Lender
- **Originating:** CNB Bank and Trust, National Association
- **Servicing:** CNB Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*