PPP Loan information for Rochester iron & metal incorporated

$628,700

Rochester iron & metal incorporated was initially approved for PPP Loan of amount $628,700, the current approved amount is $628,700. The loan was approved on 04/06/2020 by The Lake City Bank reported 65 jobs and $628,700 was used to fund payroll.

Rochester iron & metal incorporated is Existing or more than 2 years old

PPP Loan Search / IN / ROCHESTER / Rochester iron & metal incorporated

ROCHESTER IRON & METAL INCORPORATED

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ROCHESTER IRON & METAL INCORPORATED

Borrower Address

1552 E LUCAS ST

Borrower City

ROCHESTER

Borrower State

IN

Borrower Zip

46975-8342

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

628700.00

Current Approval Amount

628700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

FULTON

Project State

IN

Project Zip

46975-8342

CD

IN-02

Jobs Reported

65

NAICS Code

423930

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

35700.00

Payroll Proceed

471581.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11343.00

Debt Interest Proceed

110076

Business Type

Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

634759.97

Forgiveness Date

03/30/2021

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