# PPP loan: RODENROTH MOTORS INC
> **$341K** approved 03/23/2021 · Paid in Full · Loan `7414528605`
## Borrower
- **Name:** RODENROTH MOTORS INC
- **Address:** 3055 S Mackinac Trl, Sault Sainte Marie, MI, 49783-9043
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $344K (101%)
- **Forgiveness date:** 05/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $341K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*