# PPP loan: ROYAL ONE TRANSPORTATION LLC.
> **$194K** approved 04/15/2020 · Charged Off · Loan `8352657110`
## Borrower
- **Name:** ROYAL ONE TRANSPORTATION LLC.
- **Address:** 2880 Salina St, Dearborn, MI, 48120
- **NAICS:** 485999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $19K
- **Forgiven:** $155K (80%)
- **Forgiveness date:** 09/02/2021
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 57
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*