Royal Palace & Grocery Inc.
315 -325 South 69th Street, Millbourne, PA 19082 · Supermarkets and Other Grocery (except Convenience) Stores (NAICS 445110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
3
Total Amount
$1.6M
Jobs Supported
10
Years Active
2015–2016
Loan History (3)
Source: SBA FOIA7(a)$339,000
Paid in Full
- Approved
- Oct 26, 2015 (FY2016)
- SBA Guaranteed
- $254,250 (75%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 5
- Business Type
- Corporation
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores (NAICS 445110)
- Paid in Full
- Feb 28, 2021
Lender
Customers Bank
40 General Warren Blvd, Malvern, PA 19355
Project Location
Delaware County, PA
7(a)$89,200
Paid in Full
- Approved
- Feb 5, 2016 (FY2016)
- SBA Guaranteed
- $44,600 (50%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 6.25%
- Revolver
- 0
- Business Type
- Corporation
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores (NAICS 445110)
- Paid in Full
- Feb 28, 2021
Lender
Customers Bank
40 General Warren Blvd, Malvern, PA 19355
Project Location
Delaware County, PA
7(a)$1,160,000
Paid in Full
- Approved
- Oct 16, 2014 (FY2015)
- SBA Guaranteed
- $870,000 (75%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 5
- Business Type
- Corporation
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores (NAICS 445110)
- Paid in Full
- Feb 28, 2021
Lender
Customers Bank
40 General Warren Blvd, Malvern, PA 19355
Project Location
Delaware County, PA
Business Details
- Business Type
- Corporation
- NAICS Code
- 445110 — Supermarkets and Other Grocery (except Convenience) Stores
- Address
- 315 -325 South 69th Street
Millbourne, PA 19082
Lender
- Customers Bank
- 40 General Warren Blvd, Malvern, PA 19355