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ROYALL BUSINESS CREDIT LLC

Company Details

Entity Name: ROYALL BUSINESS CREDIT LLC
Jurisdiction: Illinois
Entity Type: Limited Liability Company
Status: Involuntary Dissolution
Date Formed: 16 Mar 2021
Company Number: LLC_10041511
File Number: 10041511
Type of Management: Manager Managed
Date Status Change: 09 Sep 2022
Address 125 S WACKER DR., STE. 300, CHICAGO, 60606, IL
Place of Formation: ILLINOIS

Agent

Name and Address Role Appointment Date
UNITED STATES CORPORATION AGEN, 500 N MICHIGAN AVE STE 536, CHICAGO, 60611 Agent 2021-03-16

Manager

Name and Address Role Appointment Date
ROYALL-VARGAS, SHERRI L., 125 S WACKER DR., STE. 300, CHICAGO, IL, 60606 Manager 2021-03-16

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7928498704 2021-04-07 0507 PPP 125 S Wacker Dr Ste 300, Chicago, IL, 60606-4421
Loan Status Date 2021-07-14
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 80002
Loan Approval Amount (current) 80002
Undisbursed Amount 0
Franchise Name -
Lender Location ID 456756
Servicing Lender Name Cross River Bank
Servicing Lender Address 885 Teaneck Rd, TEANECK, NJ, 07666-4546
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Chicago, COOK, IL, 60606-4421
Project Congressional District IL-07
Number of Employees 5
NAICS code 812113
Borrower Race Black or African American
Borrower Ethnicity Not Hispanic or Latino
Business Type Limited Liability Company(LLC)
Originating Lender ID 456756
Originating Lender Name Cross River Bank
Originating Lender Address TEANECK, NJ
Gender Female Owned
Veteran Non-Veteran
Forgiveness Amount 80179.54
Forgiveness Paid Date 2021-06-30

Date of last update: 17 Feb 2025

Sources: Illinois Office of the Secretary of State