PPP Loan information for Rotex truck center, inc

$560,902

Rotex truck center, inc was initially approved for PPP Loan of amount $560,902, the current approved amount is $560,902. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 60 jobs and $560,902 was used to fund payroll.

Rotex truck center, inc is Existing or more than 2 years old

PPP Loan Search / TX / LAREDO / Rotex truck center, inc

ROTEX TRUCK CENTER, INC

Date Approved

04/13/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

ROTEX TRUCK CENTER, INC

Borrower Address

11802 Sara Rd

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78041

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

560902.00

Current Approval Amount

560902.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78041-0001

CD

TX-28

Jobs Reported

60

NAICS Code

488490

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

140225.50

Payroll Proceed

420676.50

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

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

567118.66

Forgiveness Date

05/25/2021

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