# PPP loan: ROYAL PLUS, INC.
> **$1.04M** approved 04/08/2020 · Paid in Full · Loan `8211887007`
## Borrower
- **Name:** ROYAL PLUS, INC.
- **Address:** 201 Belt Street, SNOW HILL, MD, 21863-1311
- **NAICS:** 562910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $836K
- **Rent:** $96K
- **Mortgage interest:** $65K
- **Utilities:** $44K
- **Jobs reported:** 92
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*