PPP Loan information for Rotating solutions inc

$611,351

Rotating solutions inc was initially approved for PPP Loan of amount $611,351, the current approved amount is $611,351. The loan was approved on 02/03/2021 by The Gulf Coast Bank reported 29 jobs and $611,351 was used to fund payroll.

Rotating solutions inc is Existing or more than 2 years old

ROTATING SOLUTIONS INC

Date Approved

02/03/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

ROTATING SOLUTIONS INC

Borrower Address

274 Service Rd

Borrower City

Rayne

Borrower State

LA

Borrower Zip

70578-8601

Loan Status Date

02/18/2021

Loan Status

Charged Off

Term

51

SBA Guaranty Percentage

100

Initial Approval Amount

611351.05

Current Approval Amount

611351.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28002

Servicing Lender Name

Gulf Coast Bank

Servicing Lender Address

221 S State St

Servicing Lender City

ABBEVILLE

Servicing Lender State

LA

Servicing Lender Zip

70510-5917

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rayne

Project County Name

ACADIA

Project State

LA

Project Zip

70578-8601

CD

LA-03

Jobs Reported

29

NAICS Code

333132

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

611345.05

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

28002

Originating Lender

Gulf Coast Bank

Originating Lender City

ABBEVILLE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;