# PPP loan: ROTARY SYSTEMS INC
> **$727K** approved 03/26/2021 · Paid in Full · Loan `9411278606`
## Borrower
- **Name:** ROTARY SYSTEMS INC
- **Address:** 14440 Azurite St NW N/A, Ramsey, MN, 55303-4777
- **NAICS:** 332996
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $727K
- **Initial approval:** $727K
- **Forgiven:** $735K (101%)
- **Forgiveness date:** 05/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $727K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*