# PPP loan: ROYAL SHIPPING LINES CORP
> **$353K** approved 05/01/2020 · Paid in Full · Loan `8864997307`
## Borrower
- **Name:** ROYAL SHIPPING LINES CORP
- **Address:** 7315 NW 43RD ST, MIAMI, FL, 33166-6403
- **NAICS:** 487210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $353K
- **Initial approval:** $353K
- **Forgiven:** $358K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $353K
- **Jobs reported:** 43
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*