# PPP loan: ROYAL MANAGEMENT CORPORATION
> **$2.66M** approved 05/01/2020 · Paid in Full · Loan `9052867302`
## Borrower
- **Name:** ROYAL MANAGEMENT CORPORATION
- **Address:** 665 W NORTH AVE, LOMBARD, IL, 60148-1189
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.66M
- **Initial approval:** $2.66M
- **Forgiven:** $2.69M (101%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.66M
- **Jobs reported:** 152
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*