PPP Loan information for Roto plastics corporation

$255,000

Roto plastics corporation was initially approved for PPP Loan of amount $255,000, the current approved amount is $255,000. The loan was approved on 04/10/2020 by The County National Bank reported 33 jobs and $255,000 was used to fund payroll.

Roto plastics corporation is Existing or more than 2 years old

ROTO PLASTICS CORPORATION

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROTO PLASTICS CORPORATION

Borrower Address

1001 Division Street

Borrower City

ADRIAN

Borrower State

MI

Borrower Zip

49221-4023

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

255000.00

Current Approval Amount

255000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ADRIAN

Project County Name

LENAWEE

Project State

MI

Project Zip

49221-4023

CD

MI-05

Jobs Reported

33

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12750.00

Payroll Proceed

204000.00

Mortgage Interest Proceed

38250.00

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

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

256742.50

Forgiveness Date

12/23/2020

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