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ROYALTY ELECTRIC, LLC

Company Details

Entity Name: ROYALTY ELECTRIC, LLC
Jurisdiction: Illinois
Entity Type: Limited Liability Company
Status: Goodstanding
Date Formed: 03 Jan 2007
Company Number: LLC_02067277
File Number: 02067277
Type of Management: Member Managed
Date Status Change: 07 Jan 2025
Address 2029 HOLLISTER WHITNEY PARKWAY, QUINCY, 62305, IL
Place of Formation: ILLINOIS

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
ROYALTY ELECTRIC LLC EMPLOYEE GROUP HEALTH PLAN 2020 371117520 2021-07-29 ROYALTY ELECTRIC 10
File View Page
Three-digit plan number (PN) 501
Effective date of plan 2020-01-01
Business code 238210
Sponsor’s telephone number 2172222027
Plan sponsor’s address 215 SOUTH 4TH, QUINCY, IL, 62301
ROYALTY ELECTRIC LLC EMPLOYEE GROUP HEALTH PLAN 2018 371117520 2019-06-18 ROYALTY ELECTRIC 9
File View Page
Three-digit plan number (PN) 501
Effective date of plan 2017-11-01
Business code 238210
Sponsor’s telephone number 2172222027
Plan sponsor’s address 215 SOUTH 4TH, QUINCY, IL, 62301
ROYALTY ELECTRIC LLC EMPLOYEE GROUP HEALTH PLAN 2017 371117520 2018-07-20 ROYALTY ELECTRIC 0
File View Page
Three-digit plan number (PN) 501
Effective date of plan 2017-11-01
Business code 238210
Sponsor’s telephone number 2172222027
Plan sponsor’s address 215 SOUTH 4TH, QUINCY, IL, 62301

Agent

Name and Address Role Appointment Date
LARRY T ROYALTY, 2029 HOLLISTER WHITNEY PKWY, QUINCY, 62305 Agent 2022-02-17

Manager

Name and Address Role Appointment Date
ROYALTY, LARRY T, 2029 HOLLISTER WHITNEY PARKWAY, QUINCY, IL, 62305 Manager 2025-01-07
WISELY, TODD E., 2029 HOLLISTER WHITNEY PARKWAY, QUINCY, IL, 62305 Manager 2025-01-07

Historical Names

Name Change Date
ROYALTY ELECTRIC AND APPLIANCE REPAIR, LLC 2008-01-15

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
344478227 0524500 2019-11-26 3819 BROADWAY STREET, QUINCY, IL, 62305
Inspection Type Planned
Scope Partial
Safety/Health Safety
Close Conference 2019-11-26
Emphasis L: FALL, P: FALL
Case Closed 2020-01-24

Violation Items

Citation ID 01001
Citaton Type Serious
Standard Cited 19100067 C02 V
Issuance Date 2019-12-13
Current Penalty 2650.0
Initial Penalty 3789.0
Final Order 2020-01-08
Nr Instances 1
Nr Exposed 1
Gravity 5
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.67(c)(2)(v): The employer did not ensure a personal fall arrest or travel restraint system that meets the requirements in subpart I was worn and attached to the boom or basket when working from an aerial lift: On or about November 26, 2019, an employee was exposed to a fall hazard of approximately 15 feet while in the bucket of a vehicle mounted aerial lift replacing light bulbs and the employer did not ensure suitable fall protection was being used.

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6570897002 2020-04-07 0507 PPP 215 S 4th St, QUINCY, IL, 62301-3913
Loan Status Date 2022-02-01
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 144491
Loan Approval Amount (current) 144491
Undisbursed Amount 0
Franchise Name -
Lender Location ID 20465
Servicing Lender Name United Community Bank
Servicing Lender Address 301 N Main St, CHATHAM, IL, 62629-1019
Rural or Urban Indicator R
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address QUINCY, ADAMS, IL, 62301-3913
Project Congressional District IL-15
Number of Employees 12
NAICS code 238210
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 20465
Originating Lender Name United Community Bank
Originating Lender Address CHATHAM, IL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 145755.3
Forgiveness Paid Date 2021-02-25
3024068409 2021-02-04 0507 PPS 215 S 4th St, Quincy, IL, 62301-3913
Loan Status Date 2022-04-16
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 118245.4
Loan Approval Amount (current) 118245.4
Undisbursed Amount 0
Franchise Name -
Lender Location ID 20465
Servicing Lender Name United Community Bank
Servicing Lender Address 301 N Main St, CHATHAM, IL, 62629-1019
Rural or Urban Indicator R
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Quincy, ADAMS, IL, 62301-3913
Project Congressional District IL-15
Number of Employees 12
NAICS code 238210
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 20465
Originating Lender Name United Community Bank
Originating Lender Address CHATHAM, IL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 119552.67
Forgiveness Paid Date 2022-03-10

Date of last update: 13 Feb 2025

Sources: Illinois Office of the Secretary of State