PPP Loan information for Rotem inc

$37,800

Rotem inc was initially approved for PPP Loan of amount $26,100, the current approved amount is $37,800. The loan was approved on 06/04/2020 by The Empire State Bank reported 3 jobs and $37,800 was used to fund payroll.

Rotem inc is New Business or 2 years or less

ROTEM INC

Date Approved

06/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ROTEM INC

Borrower Address

461 BOSTON ST. UNIT D4

Borrower City

TOPSFIELD

Borrower State

MA

Borrower Zip

01983-1224

Loan Status Date

02/02/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26100.00

Current Approval Amount

37800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378478

Servicing Lender Name

Empire State Bank

Servicing Lender Address

68 N Plank Rd

Servicing Lender City

NEWBURGH

Servicing Lender State

NY

Servicing Lender Zip

12550-2109

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

TOPSFIELD

Project County Name

ESSEX

Project State

MA

Project Zip

01983-1224

CD

MA-06

Jobs Reported

3

NAICS Code

621512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37800.00

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

378478

Originating Lender

Empire State Bank

Originating Lender City

NEWBURGH

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38109.65

Forgiveness Date

04/08/2021

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