As part of the Paycheck Protection Program ROYAL FURNITURE COMPANY was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

ROYAL FURNITURE COMPANY


Loan Amount	$2,382,600
BusinessName	ROYAL FURNITURE COMPANY
Address	122 S MAIN ST
City	MEMPHIS
State	TN
Zip	38103
NAICSCode	442110
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	202
DateApproved	04/13/2020
Lender	Pinnacle Bank
CD	TN-09
BusinessName.clean	ROYAL FURNITURE COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

ATTIC ANGEL PLACE
ATTIC CORRECTIONAL SERVICES
ROYAL HAWAIIAN MOVERS
ROYAL HEALTH GROUP
ROYAL HOSPITALITY SERVICES