# PPP loan: ROTORTECH SERVICES, INC.
> **$271K** approved 04/28/2020 · Paid in Full · Loan `9771107206`
## Borrower
- **Name:** ROTORTECH SERVICES, INC.
- **Address:** 4095 SOUTHERN BLVD, WEST PALM BEACH, FL, 33406-1404
- **NAICS:** 488190
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $217K
- **Mortgage interest:** $54K
- **Jobs reported:** 19
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*