PPP Loan information for Rotation sytems llc

$312,500

Rotation sytems llc was initially approved for PPP Loan of amount $312,500, the current approved amount is $312,500. The loan was approved on 04/14/2020 by The Allied First Bank reported 22 jobs and $312,500 was used to fund payroll.

Rotation sytems llc is New Business or 2 years or less

ROTATION SYTEMS LLC

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ROTATION SYTEMS LLC

Borrower Address

1770 PARK ST STE 206

Borrower City

NAPERVILLE

Borrower State

IL

Borrower Zip

60563-1245

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

312500.00

Current Approval Amount

312500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118903

Servicing Lender Name

Allied First Bank

Servicing Lender Address

3201 Orchard Rd

Servicing Lender City

OSWEGO

Servicing Lender State

IL

Servicing Lender Zip

60543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NAPERVILLE

Project County Name

DUPAGE

Project State

IL

Project Zip

60563-1245

CD

IL-11

Jobs Reported

22

NAICS Code

561320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

234375.00

Mortgage Interest Proceed

0.00

Rent Proceed

78125.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

118903

Originating Lender

Allied First Bank

Originating Lender City

OSWEGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

258132.74

Forgiveness Date

03/26/2021

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