PPP Loan information for Ritatsu manufacturing inc

$880,000

Ritatsu manufacturing inc was initially approved for PPP Loan of amount $880,000, the current approved amount is $880,000. The loan was approved on 01/16/2021 by The First United Bank and Trust Company reported 82 jobs and $880,000 was used to fund payroll.

Ritatsu manufacturing inc is Existing or more than 2 years old

PPP Loan Search / KY / Beaver Dam / Ritatsu manufacturing inc

RITATSU MANUFACTURING INC

Date Approved

01/16/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

RITATSU MANUFACTURING INC

Borrower Address

700 Old Liberty Church Rd

Borrower City

Beaver Dam

Borrower State

KY

Borrower Zip

42320-9130

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

880000.00

Current Approval Amount

880000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119852

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

162 N Main St

Servicing Lender City

MADISONVILLE

Servicing Lender State

KY

Servicing Lender Zip

42431-1976

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beaver Dam

Project County Name

OHIO

Project State

KY

Project Zip

42320-9130

CD

KY-02

Jobs Reported

82

NAICS Code

336370

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

879995.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

119852

Originating Lender

First United Bank and Trust Company

Originating Lender City

MADISONVILLE

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

883712.88

Forgiveness Date

06/30/2021

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