PPP Loan information for Rite check cashing inc.

$981,126

Rite check cashing inc. was initially approved for PPP Loan of amount $981,126, the current approved amount is $981,126. The loan was approved on 03/12/2021 by The Ponce Bank reported 125 jobs and $981,126 was used to fund payroll.

Rite check cashing inc. is Existing or more than 2 years old

RITE CHECK CASHING INC.

Date Approved

03/12/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

RITE CHECK CASHING INC.

Borrower Address

715 E 138th St

Borrower City

Bronx

Borrower State

NY

Borrower Zip

10454-3307

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

981126.38

Current Approval Amount

981126.38

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88717

Servicing Lender Name

Ponce Bank

Servicing Lender Address

2244 Westchester Ave

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10462-5010

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bronx

Project County Name

BRONX

Project State

NY

Project Zip

10454-3307

CD

NY-15

Jobs Reported

125

NAICS Code

522320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

981126.38

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

Corporation

Originating Lender Location Id

88717

Originating Lender

Ponce Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

985319.69

Forgiveness Date

08/20/2021

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