PPP Loan information for Rotelle development co.

$364,144

Rotelle development co. was initially approved for PPP Loan of amount $364,100, the current approved amount is $364,144. The loan was approved on 04/09/2020 by The Penn Community Bank reported 25 jobs and $364,144 was used to fund payroll.

Rotelle development co. is Existing or more than 2 years old

PPP Loan Search / PA / POTTSTOWN / Rotelle development co.

ROTELLE DEVELOPMENT CO.

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ROTELLE DEVELOPMENT CO.

Borrower Address

1011 Ridge Road

Borrower City

POTTSTOWN

Borrower State

PA

Borrower Zip

19465-8701

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

364100.00

Current Approval Amount

364144.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87093

Servicing Lender Name

Penn Community Bank

Servicing Lender Address

3969 Durham Rd

Servicing Lender City

DOYLESTOWN

Servicing Lender State

PA

Servicing Lender Zip

18902-1326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POTTSTOWN

Project County Name

CHESTER

Project State

PA

Project Zip

19465-8701

CD

PA-06

Jobs Reported

25

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

364144.00

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

Sole Proprietorship

Originating Lender Location Id

87093

Originating Lender

Penn Community Bank

Originating Lender City

DOYLESTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

368604.76

Forgiveness Date

07/02/2021

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