# PPP loan: ROYAL PLUMBING
> **$860K** approved 06/05/2020 · Paid in Full · Loan `8261117803`
## Borrower
- **Name:** ROYAL PLUMBING
- **Address:** 107 EAST ST S, PRAIRIE CITY, IA, 50228
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $860K
- **Initial approval:** $540K
- **Forgiven:** $873K (102%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $860K
- **Jobs reported:** 82
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*