Rotating Solutions Incorporated

$611,500 PPP Loan in Rayne, Louisiana

Loan Details

Loan Number
4710347005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$611,500
Current Approval
$611,500
Forgiveness Amount
$616,576
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rotating Solutions Incorporated
Address
274 Service Rd
City
Rayne
ZIP Code
70578-8601
Business Type
Corporation
Industry (NAICS)
Manufacturing (333132)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.7M
Rural/Urban
Rural
Congressional District
LA-03

Loan Use Breakdown

Payroll
$611,500

Lender Information

Servicing Lender
Gulf Coast Bank
Originating Lender
Gulf Coast Bank

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