# PPP loan: AMERICAN ROYAL PETROLEUM, INC
> **$223K** approved 04/15/2020 · Paid in Full · Loan `8087477102`
## Borrower
- **Name:** AMERICAN ROYAL PETROLEUM, INC
- **Address:** 11025 WASHINGTON BLVD, WHITTIER, CA, 90606-3005
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $223K
- **Jobs reported:** 28
## Lender
- **Originating:** Bank of Hope
- **Servicing:** Bank of Hope (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*