PPP Loan information for The rooto corporation

$135,800

The rooto corporation was initially approved for PPP Loan of amount $135,800, the current approved amount is $135,800. The loan was approved on 04/28/2020 by The Bank of Ann Arbor reported 17 jobs and $135,800 was used to fund payroll.

The rooto corporation is Existing or more than 2 years old

THE ROOTO CORPORATION

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE ROOTO CORPORATION

Borrower Address

3505 W Grand River

Borrower City

Howell

Borrower State

MI

Borrower Zip

48855

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135800.00

Current Approval Amount

135800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Howell

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48855-0700

CD

MI-07

Jobs Reported

17

NAICS Code

325612

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1300.00

Payroll Proceed

112000.00

Mortgage Interest Proceed

22500.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

136663.17

Forgiveness Date

12/28/2020

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