PPP Loan information for Rolar manufacturing corporation

$229,097

Rolar manufacturing corporation was initially approved for PPP Loan of amount $229,097, the current approved amount is $229,097. The loan was approved on 01/29/2021 by The ChoiceOne Bank reported 19 jobs and $229,097 was used to fund payroll.

Rolar manufacturing corporation is Existing or more than 2 years old

ROLAR MANUFACTURING CORPORATION

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ROLAR MANUFACTURING CORPORATION

Borrower Address

540 W Hume Ave

Borrower City

Muskegon

Borrower State

MI

Borrower Zip

49444-1300

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

229097.00

Current Approval Amount

229097.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Muskegon

Project County Name

MUSKEGON

Project State

MI

Project Zip

49444-1300

CD

MI-02

Jobs Reported

19

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

229094.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230791.69

Forgiveness Date

11/08/2021

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