PPP Loan information for Rite choice heating, inc.

$116,900

Rite choice heating, inc. was initially approved for PPP Loan of amount $116,900, the current approved amount is $116,900. The loan was approved on 04/10/2020 by The Isabella Bank reported 17 jobs and $116,900 was used to fund payroll.

Rite choice heating, inc. is Existing or more than 2 years old

PPP Loan Search / MI / EVART / Rite choice heating, inc.

RITE CHOICE HEATING, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RITE CHOICE HEATING, INC.

Borrower Address

120 W 7th St. PO BOX 1123

Borrower City

EVART

Borrower State

MI

Borrower Zip

49631-1123

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116900.00

Current Approval Amount

116900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EVART

Project County Name

OSCEOLA

Project State

MI

Project Zip

49631-1123

CD

MI-02

Jobs Reported

17

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

500.00

Payroll Proceed

111400.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117812.78

Forgiveness Date

01/28/2021

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