Roto Sales INC

$842,775 PPP Loan in Palatine, Illinois

Loan Details

Loan Number
6286707103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$842,775
Current Approval
$842,775
Forgiveness Amount
$854,177
Forgiveness Date
Aug 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Roto Sales INC
Address
1911 N Rand Rd 0.0
ZIP Code
60074-1129
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$15.4M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$692,275
Rent
$92,000
Utilities
$7,500
Health Care
$26,000
Debt Interest
$25,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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