# PPP loan: ROYAL SERVICE AIR CONDITIONING CORPORATION
> **$254K** approved 04/28/2020 · Paid in Full · Loan `7368307208`
## Borrower
- **Name:** ROYAL SERVICE AIR CONDITIONING CORPORATION
- **Address:** 1712 New Ave, SAN GABRIEL, CA, 91776-3704
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Jobs reported:** 21
## Lender
- **Originating:** Cathay Bank
- **Servicing:** Cathay Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*