PPP Loan information for Rodenroth motors inc

$340,572

Rodenroth motors inc was initially approved for PPP Loan of amount $340,572, the current approved amount is $340,572. The loan was approved on 03/23/2021 by The The Huntington National Bank reported 35 jobs and $340,572 was used to fund payroll.

Rodenroth motors inc is Existing or more than 2 years old

PPP Loan Search / MI / Sault Sainte Marie / Rodenroth motors inc

RODENROTH MOTORS INC

Date Approved

03/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RODENROTH MOTORS INC

Borrower Address

3055 S Mackinac Trl

Borrower City

Sault Sainte Marie

Borrower State

MI

Borrower Zip

49783-9043

Loan Status Date

04/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

340572.00

Current Approval Amount

340572.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sault Sainte Marie

Project County Name

CHIPPEWA

Project State

MI

Project Zip

49783-9043

CD

MI-01

Jobs Reported

35

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

340570.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

344416.26

Forgiveness Date

05/11/2022

;