Roto Plastics Corporation

$255,000 PPP Loan in Adrian, Michigan

Loan Details

Loan Number
1953047108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$255,000
Current Approval
$255,000
Forgiveness Amount
$256,743
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Roto Plastics Corporation
Address
1001 Division Street
City
Adrian
ZIP Code
49221-4023
Business Type
Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.6M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$204,000
Utilities
$12,750
Mortgage Interest
$38,250

Lender Information

Servicing Lender
County National Bank
Originating Lender
County National Bank

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