PPP Loan information for Rotif company inc.

$50,507

Rotif company inc. was initially approved for PPP Loan of amount $50,507, the current approved amount is $50,507. The loan was approved on 01/25/2021 by The Horizon Bank reported 15 jobs and $50,507 was used to fund payroll.

Rotif company inc. is Existing or more than 2 years old

ROTIF COMPANY INC.

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROTIF COMPANY INC.

Borrower Address

9136 Shaver Rd

Borrower City

Portage

Borrower State

MI

Borrower Zip

49024-6788

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50507.00

Current Approval Amount

50507.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portage

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49024-6788

CD

MI-06

Jobs Reported

15

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

50506.00

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50905.52

Forgiveness Date

11/10/2021

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