PPP Loan information for Rotating equipment inc

$58,200

Rotating equipment inc was initially approved for PPP Loan of amount $117,200, the current approved amount is $58,200. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 8 jobs and $58,200 was used to fund payroll.

Rotating equipment inc is Unanswered

ROTATING EQUIPMENT INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ROTATING EQUIPMENT INC

Borrower Address

938 MOESSNER AVE

Borrower City

UNION

Borrower State

NJ

Borrower Zip

07083-6446

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117200.00

Current Approval Amount

58200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

UNION

Project County Name

UNION

Project State

NJ

Project Zip

07083-6446

CD

NJ-10

Jobs Reported

8

NAICS Code

423440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58200.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58714.10

Forgiveness Date

04/02/2021

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