PPP borrower record
ROYAL ELECTRIC CO. INC PPP loan record
Public SBA PPP loan record for ROYAL ELECTRIC CO. INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$685,200
Approved amount
$689,011
Forgiven amount
2020-04-05
Date approved
Borrower and loan details
Borrower
ROYAL ELECTRIC CO. INC
Loan number
5310417008
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Woodsville
Borrower state
New Hampshire
Borrower ZIP
03785
Jobs reported
58
Loan status
Paid in Full
Forgiveness date
2020-11-03
Servicing lender
Wells River Savings Bank
Originating lender
Wells River Savings Bank
Reported use of proceeds
Payroll
$515,200
Rent
N/A
Utilities
$90,000
Mortgage interest
$80,000
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.