# PPP loan: ROYAL CABINET DESIGN CO INC
> **$463K** approved 04/14/2020 · Exemption 4 · Loan `7516507103`
## Borrower
- **Name:** ROYAL CABINET DESIGN CO INC
- **Address:** 15800 COMMERCE PARK DR, BROOKPARK, OH, 44142-2019
- **NAICS:** 337110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $463K
- **Initial approval:** $463K
- **Forgiven:** $442K (95%)
- **Forgiveness date:** 08/17/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $463K
- **Jobs reported:** 31
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*