PPP Loan information for Roots residential adult family homes llc

$508,540

Roots residential adult family homes llc was initially approved for PPP Loan of amount $508,540, the current approved amount is $508,540. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 89 jobs and $508,540 was used to fund payroll.

Roots residential adult family homes llc is New Business or 2 years or less

ROOTS RESIDENTIAL ADULT FAMILY HOMES LLC

Date Approved

05/01/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ROOTS RESIDENTIAL ADULT FAMILY HOMES LLC

Borrower Address

1100 N MAIN ST

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53402-4962

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

508540.00

Current Approval Amount

508540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53402-4962

CD

WI-01

Jobs Reported

89

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

508540.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

511869.89

Forgiveness Date

12/30/2020

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