# PPP loan: ROYAL ROAD INC.
> **$205K** approved 04/30/2020 · Paid in Full · Loan `7412667307`
## Borrower
- **Name:** ROYAL ROAD INC.
- **Address:** 4501 Stine Rd Unit 303, Bakersfield, CA, 93313
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Jobs reported:** 36
## Lender
- **Originating:** Tri Counties Bank
- **Servicing:** Tri Counties Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*