# PPP loan: ROYALTY COMPANIES OF INDIANA, INC.
> **$1.83M** approved 04/08/2020 · Paid in Full · Loan `8468507004`
## Borrower
- **Name:** ROYALTY COMPANIES OF INDIANA, INC.
- **Address:** 2099 EAST TIPTON ST, SEYMOUR, IN, 47274-3567
- **NAICS:** 238160
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.83M
- **Initial approval:** $1.83M
- **Forgiven:** $1.85M (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.83M
- **Jobs reported:** 140
## Lender
- **Originating:** Jackson County Bank
- **Servicing:** Jackson County Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*