The Rooto Corporation

$135,800 PPP Loan in Howell, Michigan

Loan Details

Loan Number
8244087206
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$135,800
Current Approval
$135,800
Forgiveness Amount
$136,663
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
The Rooto Corporation
Address
3505 W Grand River
City
Howell
ZIP Code
48855
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325612)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$16.9M
Rural/Urban
Rural
Congressional District
MI-07

Loan Use Breakdown

Payroll
$112,000
Utilities
$1,300
Mortgage Interest
$22,500

Lender Information

Servicing Lender
Bank of Ann Arbor
Originating Lender
Bank of Ann Arbor

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