# PPP loan: ROYAL PALM CLOSET DESIGN INC
> **$195K** approved 04/09/2020 · Paid in Full · Loan `9193997005`
## Borrower
- **Name:** ROYAL PALM CLOSET DESIGN INC
- **Address:** 12830 METRO PKWY unit 10, FORT MYERS, FL, 33966-8350
- **NAICS:** 236118
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Jobs reported:** 10
## Lender
- **Originating:** Lake Michigan CU
- **Servicing:** Lake Michigan CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*