PPP Loan information for Rotman motor company, inc.

$72,900

Rotman motor company, inc. was initially approved for PPP Loan of amount $72,900, the current approved amount is $72,900. The loan was approved on 04/05/2020 by The Maquoketa State Bank reported 8 jobs and $72,900 was used to fund payroll.

Rotman motor company, inc. is Existing or more than 2 years old

PPP Loan Search / IA / MAQUOKETA / Rotman motor company, inc.

ROTMAN MOTOR COMPANY, INC.

Date Approved

04/05/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ROTMAN MOTOR COMPANY, INC.

Borrower Address

913 W PLATT ST

Borrower City

MAQUOKETA

Borrower State

IA

Borrower Zip

52060-2039

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72900.00

Current Approval Amount

72900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25227

Servicing Lender Name

Maquoketa State Bank

Servicing Lender Address

203 N Main St

Servicing Lender City

MAQUOKETA

Servicing Lender State

IA

Servicing Lender Zip

52060-2204

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAQUOKETA

Project County Name

JACKSON

Project State

IA

Project Zip

52060-2039

CD

IA-01

Jobs Reported

8

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

62900.00

Mortgage Interest Proceed

5000.00

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

25227

Originating Lender

Maquoketa State Bank

Originating Lender City

MAQUOKETA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

73327.41

Forgiveness Date

11/12/2020

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