# PPP loan: ROYAL CATERING, INC.
> **$404K** approved 04/14/2020 · Paid in Full · Loan `7297097110`
## Borrower
- **Name:** ROYAL CATERING, INC.
- **Address:** 800 S Central Expy, RICHARDSON, TX, 75080-7413
- **NAICS:** 722320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $407K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $360K
- **Rent:** $25K
- **Utilities:** $5K
- **Health care:** $15K
- **Jobs reported:** 47
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*