# PPP loan: ROYAL METAL WORKS INC
> **$305K** approved 02/13/2021 · Exemption 4 · Loan `8559898410`
## Borrower
- **Name:** ROYAL METAL WORKS INC
- **Address:** 3073 S Highland Dr, Las Vegas, NV, 89109-1048
- **NAICS:** 423440
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $305K
- **Initial approval:** $305K
- **Forgiven:** $249K (82%)
- **Forgiveness date:** 03/07/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $305K
- **Jobs reported:** 9
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*