PPP Loan information for Rotation inc

$47,500

Rotation inc was initially approved for PPP Loan of amount $47,500, the current approved amount is $47,500. The loan was approved on 05/27/2020 by The WebBank reported 4 jobs and $47,500 was used to fund payroll.

Rotation inc is New Business or 2 years or less

ROTATION INC

Date Approved

05/27/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ROTATION INC

Borrower Address

4077 canby ln

Borrower City

decatur

Borrower State

GA

Borrower Zip

30035-2402

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47500.00

Current Approval Amount

47500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

decatur

Project County Name

DEKALB

Project State

GA

Project Zip

30035-2402

CD

GA-04

Jobs Reported

4

NAICS Code

484121

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47500.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47994.79

Forgiveness Date

06/09/2021

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