PPP Loan information for Rotary dryer specialties inc

$49,608

Rotary dryer specialties inc was initially approved for PPP Loan of amount $49,608, the current approved amount is $49,608. The loan was approved on 01/29/2021 by The First Whitney Bank & Trust reported 5 jobs and $49,608 was used to fund payroll.

Rotary dryer specialties inc is Existing or more than 2 years old

PPP Loan Search / IA / Atlantic / Rotary dryer specialties inc

ROTARY DRYER SPECIALTIES INC

Date Approved

01/29/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

ROTARY DRYER SPECIALTIES INC

Borrower Address

104 Cedar St

Borrower City

Atlantic

Borrower State

IA

Borrower Zip

50022-1024

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49608.00

Current Approval Amount

49608.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24570

Servicing Lender Name

First Whitney Bank & Trust

Servicing Lender Address

223 Chestnut St

Servicing Lender City

ATLANTIC

Servicing Lender State

IA

Servicing Lender Zip

50022-1062

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Atlantic

Project County Name

CASS

Project State

IA

Project Zip

50022-1024

CD

IA-03

Jobs Reported

5

NAICS Code

423830

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49608.00

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

24570

Originating Lender

First Whitney Bank & Trust

Originating Lender City

ATLANTIC

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49969.53

Forgiveness Date

10/26/2021

;