PPP Loan information for Rotary systems inc

$726,838

Rotary systems inc was initially approved for PPP Loan of amount $726,838, the current approved amount is $726,838. The loan was approved on 03/26/2021 by The Customers Bank reported 48 jobs and $726,838 was used to fund payroll.

Rotary systems inc is Existing or more than 2 years old

PPP Loan Search / MN / Ramsey / Rotary systems inc

ROTARY SYSTEMS INC

Date Approved

03/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ROTARY SYSTEMS INC

Borrower Address

14440 Azurite St NW N/A

Borrower City

Ramsey

Borrower State

MN

Borrower Zip

55303-4777

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

726838.00

Current Approval Amount

726838.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ramsey

Project County Name

ANOKA

Project State

MN

Project Zip

55303-4777

CD

MN-06

Jobs Reported

48

NAICS Code

332996

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

726836.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

734803.35

Forgiveness Date

05/11/2022

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