# PPP loan: ROTO PLASTICS CORPORATION
> **$255K** approved 04/10/2020 · Paid in Full · Loan `1953047108`
## Borrower
- **Name:** ROTO PLASTICS CORPORATION
- **Address:** 1001 Division Street, ADRIAN, MI, 49221-4023
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Mortgage interest:** $38K
- **Utilities:** $13K
- **Jobs reported:** 33
## Lender
- **Originating:** County National Bank
- **Servicing:** County National Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*