PPP Loan information for Rotating equipment company

$181,250

Rotating equipment company was initially approved for PPP Loan of amount $222,200, the current approved amount is $181,250. The loan was approved on 04/16/2020 by The Citizens Bank, National Association reported 14 jobs and $181,250 was used to fund payroll.

Rotating equipment company is Existing or more than 2 years old

ROTATING EQUIPMENT COMPANY

Date Approved

04/16/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

ROTATING EQUIPMENT COMPANY

Borrower Address

221 Thornwood court

Borrower City

Coraopolis

Borrower State

PA

Borrower Zip

15108

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

222200.00

Current Approval Amount

181250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Coraopolis

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15108-0001

CD

PA-17

Jobs Reported

14

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

181250.00

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

Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

183971.23

Forgiveness Date

10/28/2021

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