PPP Loan information for Root capital inc

$201,551

Root capital inc was initially approved for PPP Loan of amount $201,551, the current approved amount is $201,551. The loan was approved on 05/19/2020 by The Wells Fargo Bank, National Association reported 17 jobs and $201,551 was used to fund payroll.

Root capital inc is Existing or more than 2 years old

PPP Loan Search / FL / BOCA RATON / Root capital inc

ROOT CAPITAL INC

Date Approved

05/19/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

ROOT CAPITAL INC

Borrower Address

10055 YAMATO RD #500

Borrower City

BOCA RATON

Borrower State

FL

Borrower Zip

33498-6102

Loan Status Date

12/18/2021

Loan Status

Charged Off

Term

4

SBA Guaranty Percentage

100

Initial Approval Amount

201551.00

Current Approval Amount

201551.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOCA RATON

Project County Name

PALM BEACH

Project State

FL

Project Zip

33498-6102

CD

FL-22

Jobs Reported

17

NAICS Code

541490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

201551.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;