# PPP loan: ROYAL TECHNOCRATS INC
> **$514K** approved 05/29/2021 · Paid in Full · Loan `8994329001`
## Borrower
- **Name:** ROYAL TECHNOCRATS INC
- **Address:** 7447 Harwin Dr Ste 270, Houston, TX, 77036-2081
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $514K
- **Initial approval:** $514K
- **Forgiven:** $517K (101%)
- **Forgiveness date:** 02/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $514K
- **Jobs reported:** 24
## Lender
- **Originating:** Southwestern National Bank
- **Servicing:** Southwestern National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*